If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.

it is worth knowing that 2025 will mark the first tax year that your crypto transactions will be subject to third-party reporting requirements — meaning information on them will be sent to the ...

lifting the reporting threshold to $5,000 for the 2024 tax year. "The taxation and tax treatment requirements for taxpayers have not changed," said Mark Steber, chief tax information officer for ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and ...

The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...