The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. Processing Content The Form 1099-K has been of particular concern in ...

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

Many taxpayers could receive Form 1099-K for the first time this season, according to the National Taxpayer Advocate. If you had more than $5,000 in business transactions from apps such as PayPal or ...

The landscape of cryptocurrency taxation is changing. The U.S. Treasury Department, in collaboration with the Internal Revenue Service, finalized a rule June 28 requiring cryptocurrency platforms to ...

The IRS on Tuesday warned taxpayers about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party networks, such as Venmo or PayPal, ...

2023 was going to be the first year in which people who earned at least $600 from online platforms like eBay, Etsy, Venmo and CashApp were going to receive 1099-K income tax forms. But right before ...

The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...

The hottest ticket last year? Taylor Swift. With its massive scale and fan frenzy, the tour has cemented Swift's status as one of the most influential pop stars of the 21st century, and its impact is ...