Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

The Internal Revenue Service (IRS) has recently announced a pivotal change that will impact the tax filings of millions of Americans who rely on digital payment platforms such as Venmo, Cash App, and ...

The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position that digital assets are treated the same as other property and are taxed ...

Millions of Americans receive 1099-Ks from third-party payment platforms like PayPal, Venmo, Stripe, and more every year. But ...

The 1099-K tax form is a critical document for individuals earning income through third-party payment platforms. This form reports income from non-permanent jobs, such as side hustles, freelance work, ...

Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed to ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...