Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

ParkMobile has finally wrapped up a class action lawsuit over the platform's 2021 data breach that hit 22 million users. But there's a catch: victims are receiving compensation in the form of a $1 ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

NEC FC will be desperate to bounce from a disappointing 3-1 loss to title rivals Vipers when they host bottom of the table Mbale Heroes under the lights at Lugogo on Friday. Hussein Mbalangu’s men, ...

How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...

The day none of us want to think about is steadily approaching —Tax Day 2025. If you want to get a head start, filing is open now, but you’ll have to file your 2024 tax returns by April 15, 2025, if ...

Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says. By Ann Carrns If you sold personal items like concert ...

While filing this form is straightforward, errors can occur. Correcting these mistakes promptly is crucial to avoid penalties and ensure IRS compliance. Several common errors can occur when preparing ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year. Courtney Johnston led the CNET Money team and worked closely with the ...

TAMPA, Fla. (WFLA) — Clint and Lebra Johnson were stunned when they received a 1099-K tax form in the mail that showed Clint collected $9,306.57 through 427 transactions, all in November. The ...