Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...

The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. The Form 1099-K has been of particular concern in recent years after ...

I may not be the first to tell you, but don’t forget about an additional benefit of the 870-page One Big Beautiful Bill Act passed in July. As ...

ST. LOUIS — Every tax season brings with it some sort of change that impacts your filing. And this season is no different. Tax Act, a leading DIY tax software provider, is on a mission to help all ...

An influential U.S. House committee this week endorsed a tax-relief package that included language by Rep. David Schweikert that would raise the Form 1099 reporting threshold from $600 to $5,000.

The AICPA’s 2025 tax priorities include increasing the reporting threshold for Form 1099-K to $10,000 from the $600 that would go into effect next year, according to a letter Monday to congressional ...