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 ...
Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.