Beginning with crypto transactions in 2025 (to be filed in the 2026 tax season), crypto brokers in the United States, such as Coinbase (Nasdaq: COIN), are required to issue a new document known as ...
The IRS issued proposed regulations (REG-105064-25) on Thursday that would shift digital-asset reporting to electronic-only delivery by loosening requirements that apply to digital asset brokers for ...
You’ve probably been seeing a steady flow of items marked with that label pop up in your mailbox, and most likely your email inbox, too. They’re a harbinger of the tax season to come, and they’re ...
A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...
If you're one of the millions of creators who sell items through online marketplaces such as eBay, Etsy and Facebook Marketplace — there are more than 8.1 active sellers on Etsy alone, according to to ...
Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally saddle you with income you have to report. Of course, if you have income, you must report it, whether or not you receive a Form 1099.
Tax season can be scary, but it doesn’t have to be. We can explain all the complicated documents and deductions, starting with the W-2 and 1099 forms for reporting your income. If you have any kind of ...
The OBBBA retroactively reinstated the reporting threshold in effect prior to the passage of the American Rescue Plan Act of 2021, so third-party settlement organizations are not required to file 1099 ...
For mortgage professionals, navigating the loan process for independent contractors, gig workers, and other 1099 income earners can be a significant challenge. These high-earning individuals often ...
Formstack, a leader in data capture and workflow automation, is unveiling its rebrand—now Intellistack—propelled by the release of Intellistack Streamline, the company’s no-code process automation ...
This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could accidentally ...
Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...