This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

New 1099-K reporting requirements shouldn’t affect your tax liability, though. You’ll still have to report taxable income you received from goods or services, even if you don’t receive the form.

Erin Collins is objecting to proposed regs that would enable the IRS to shorten its third-party notice requirements from 45 ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

Overseas Americans selling a principal residence located abroad or in the U.S., face challenges to qualify for the capital ...

TaxClosure, the leading IRS tax debt resolution platform, is engaging with millions of American gig workers to help them avoid the pitfalls of navigating new IRS rules. Recent IRS regulation changes ...

The cryptocurrency landscape is evolving rapidly, and tax regulations are keeping pace. As digital assets gain mainstream ...