If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

Changes have been made to reporting rules for the 1099 IRS form, known as the “miscellaneous income” form, typically completed by freelance writers and independent contractors. This form is not ...

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The IRS delivered on Tuesday an unexpected, but welcomed, early Christmas gift to gig workers, Taylor Swift ticket sellers and more. The IRS surprised many tax professionals and others when it said it ...

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...

The information reporting form, IRS Form 1099-K (Payment Card and Third-Party Network Transactions), is used to track business payments made through credit or debit card and peer-to-peer services such ...

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, ...