Cryptocurrency has found popularity among Americans as both an investment vehicle and a method of engaging in transactions with others. With its increase in popularity, the Internal Revenue Service ...
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position that digital assets are treated the same as other property and are taxed ...
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...
If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...
Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...
According to the Internal Revenue Service, a digital asset is a digital representation of value that is recorded on a distributed ledger, cryptographically secured, or any related technology.
Now, millions more Americans will receive the form compared to previous years, the paper reports. While taxpayers are always required to report income, many underreported their online income when no ...
Be careful this filing season: the Internal Revenue Service is cracking down on unreported ... services online in 2023 will receive a 1099-K tax form this month. Online platforms including Etsy ...