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

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

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 ...

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

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 ...