In 2024, the threshold for reporting income from online sales transactions dropped from $20,000 to $5,000, and to $2,500 for ...

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

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 ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

Two high-yield stocks are dipping, but their growth potential makes them screaming buys. Read why they’re set for ...

Some gig workers get a 1099-K in the mail. CPA and TurboTax Expert Miguel Burgos explains what the form is, who gets it and ...

Upgraded Processors, Same Design By David Phelan. Three of the current MacBook Air colors continue to be available, starlight ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...