If you are a student athlete and you receive any monetary or financial gain, in cash, property, or services, from a transaction in which you benefit from the use of your name, image or likeness, that ...
A recruiter offers you a role and mentions it is “1099, not W2,” and you smile like the distinction is obvious. Later, staring at your bank balance, you realize you have no idea whether that means ...
Daniel is a News Writer from the United Kingdom. Relatively new to the industry with just over three years of experience, he has focused on establishing himself in the gaming space, with bylines in ...
Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...
You’ve probably been seeing a steady flow of items marked with that label pop up in your mailbox, and most likely your email inbox, too. They’re a harbinger of the tax season to come, and they’re ...
A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...
Tax season can be scary, but it doesn’t have to be. We can explain all the complicated documents and deductions, starting with the W-2 and 1099 forms for reporting your income. This content was made ...
One of the great “joys” of having an account at TreasuryDirect is hunting for information on federal taxes you might owe on last year’s transactions. It’s not easy, and even when you find the ...
The Republican tax-and-spending law reverts the threshold for online sales reporting to $20,000 and 200 transactions per year, as it was before 2021. The provision is applied retroactively to the 2022 ...
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 ...