Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...

K-Form, a manufacturer of concrete formwork systems, signed an exclusive partnership with Omnis Panels LLC (“Omnis”) to distribute its innovative plastic shuttering system in the U.S. The distribution ...

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

In the upcoming 2025 tax season, if you've received more than $5,000 in payments for goods or services via digital platforms like Stripe, Venmo, PayPal, or Cash App during 2024, you will be issued a ...

The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. Today the IRS announced a delay in reporting ...

Self-employed people who send and receive payments using things like PayPal, Venmo and CashApp get a special tax form, called a 1099-K. Usually though, they’d only receive one if they made at least ...

A Form 1099-K reports the gross amount of payment transactions from credit cards, digital payments, and other platforms that manage payments between two parties. — Getty Images/Compassionate Eye ...

Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

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 ...

(NewsNation) — Fewer side hustlers who get paid through apps like Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get a ...