Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if you receive more than $20,000 in gross payments on third-party networks or ...

A 66-year-old Honolulu woman will spend 18 months in federal prison and pay more than $1.6 million in restitution for her ...

Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

Tax Day is coming, and if you are the sort who works best against a deadline, we can give you several to jot down on your calendar. If you filed electronically and chose to receive your refund by ...

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...

If you regularly work with independent contractors or vendors, you’ll probably need to send them Form 1099 at the beginning of the year. There are over 20 types of 1099 forms, but fortunately, most ...

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you ...