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IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...
You spend decades of your life stashing away money into retirement accounts. But one day, that switch flips, and you go from withholding contributions to withdrawing your hard-earned funds. That day ...
October 24, 2025 - WASHINGTON — The Internal Revenue Service on Thursday issued frequently asked questions in Fact Sheet 2025-08 PDF regarding the dollar threshold for filing Form 1099-K under the One ...
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Editor's note: An earlier version of this story included the incorrect address and tuition for Stone Independent School. Stone Independent School has a $19,500 tuition for 7-12 students and is located ...
Rumors suggesting that the IRS will distribute $2,000 stimulus checks to everyone in October 2025 have rapidly spread online. These claims, largely fueled by social media and unverified assertions ...
The IRS recently filed notices of a federal tax lien against Republican Sen. Jim Justice of West Virginia — the latest example of ongoing financial troubles that have trailed the former governor, ...
Rumors about a new round of stimulus checks have been circulating online this fall, causing a wave of excitement among Americans. Many have hoped for another $1,400 direct deposit from the federal ...
The IRS really means it this time when they say that high earners will have to start paying tax soon on their catch-up 401(k) contributions and then deposit them into workplace Roth accounts. Sort of.
Question: “I have been toying with the idea of using some of my 401(k) money to secure my mom’s house. My mom took out a reverse mortgage but exhausted her access once it reached $560,000. The home ...