New IRS Update Requires Form 1099-K For Payments Of $5K+ Received Through Cash App Or PayPal
The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...
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IRS goes after gig workers instead of billionaire tax dodgers
While billionaires stash fortunes in offshore havens, the IRS is targeting gig workers who make a few bucks answering ...
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IRS targets DeFi brokers with new tax reporting rules set for 2027
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be ...
Republicans succeed in clawing back more IRS tax-cheat enforcement funds. For now.
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined ...
IRS to send unclaimed tax rebates to 1M Americans
The IRS is sending about 1 million eligible American taxpayers a payment this month for the pandemic-era Recovery Rebate ...
The IRS is paying stimulus money to people who missed 2021 tax rebate. What to know
The payments for people who filed 2021 tax returns depend on several factors, but the maximum is $1,400 per person.
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
Check your mail. The IRS is sending money to 1 million tax filers who aren’t expecting it
A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible ...
IRS is sending out unclaimed 2021 tax credits. Could you qualify?
About one million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the weeks ahead. The payments are for those who didn’t claim a Recovery Rebate Credit on their ...
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IRS announces key tax adjustments for 2025
The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.
The IRS has announced big tax changes for 2025 — here’s what they are and how they could impact you
Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...
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New IRS 1099-K Tax Rule: Here's What Freelancers Who Made Money on PayPal or Cash App Need to Know
If you earned over $5,000 or more in income via third-party apps, you should get a 1099-K to file with your tax return.