Individuals with an an adjusted gross income of $84,000 or less for tax year 2024 qualify for free guided federal tax ...

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to ...

I receive several dozen Forms 1099 for my business income and investments. Does the IRS really have the ability to track all that information? Do I have to save them all for ...

Form 1099-K reporting, Social Security, unemployment benefits, filing for an extension, borrowing and making distributions ...

You might receive this document if you have freelance work, investment income, retirement distributions or other financial ...

Income at or above those thresholds would trigger a Form 1099-K, or report of payments you received for goods or services during the year. The law was supposed to go into effect in 2022 but was ...

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...

Still, his comments, particularly on transgender athletes participating in women’s sports, caused a significant stir with some California Democrats. In fact, the state’s Legislative LGBTQ Cauc ...

The Trump administration touched off consternation and confusion over the weekend, issuing, and then apparently rolling back, an announcement implying the president had rescinded his predecessor ...

W-2 wage income SSA-1099 Social Security income 1099-G unemployment compensation 1099-INT interest income 1099-MISC for Alaska residents reporting the Alaska Permanent Fund Dividend As of March 5 ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.