You can shift to self-employment tax and quarterly estimated payments with these smart tech solutions and strategies.

It was noted that since the U.S. Supreme Court decided in 2018 to allow states to determine whether to legalize sports betting, 38 states and Washington, D.C. started to allow some form of sports ...

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

A liquidating dividend is a distribution to shareholders during company liquidation, typically non-taxable because it returns part of the capital investment to shareholders.

For years, the IRS planned to lower the 1099-K reporting threshold to $600 for business transactions processed through third‑party platforms. After multiple delays, the IRS announced a phased approach ...