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 ...
The IRS has delayed, for a year, when payment services such as Paypal and Venmo and e-commerce companies such as eBay, Etsy and Poshmark will have to issue tax forms to individuals whose business ...
Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...
Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...
If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...
Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party ...
The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report. The report, released Thursday by the Government ...