This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 ...
Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...
While most IRA distributions are taxable, QCDs avoid taxation if they are sent directly to a qualifying charity by the IRA ...
Misclassifying W-2 employees as 1099 contractors has severe penalties. Learn the biggest difference between the two types of ...
Typically, this information gets reported using an IRS tax form called the 1099-K. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network ...
We'll discuss the many tax tactics, such deductions, that independent contractors can employ in this piece. We will also look at how they may benefit from resources like self-employment taxes, ...