Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
Investopedia’s independent research found Venmo the best money transfer app for sending money to family and friends in the U.S., thanks to its convenience and low fees.
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
Payment apps are now required to send payment information to the IRS. If you use these apps you may owe taxes this year.
If the client paid you via PayPal, you'll also receive a 1099-K from the payment app for those same earnings. You do not need to report your earnings twice. If you often don't receive tax forms ...
MINNEAPOLIS — The 2025 tax filing season has officially begun. Americans can now file their 2024 tax returns to the IRS, and CPA Scott Kadrlik, who works with DSB Rock Island, says the 2025 tax ...
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