With the passage of the U.S. infrastructure bill in November, “crypto brokers” (i.e., cryptocurrency exchanges and other third parties that facilitate the transfer of digital assets) will be required ...

ROCK HILL, SC / ACCESSWIRE / February 28, 2022 / TaxBandits, your W-2 and 1099 experts, are here to assist all businesses, tax professionals, and financial institutions that are required to file 1099 ...

Here's what you should know about the form 1099-B, Proceeds From Broker and Barter Exchange Transactions: A form 1099-B, Proceeds From Broker and Barter Exchange Transactions, is issued to taxpayers ...

Key takeaways Form 1099-B is used to report gains or losses from selling stocks, bonds, derivatives, or other securities through a broker, and for barter exchange transactions. The form contains ...

Profits from the sale of stock are capital gains, and as such they may be taxable. Brokers who handle stock sales on your behalf must report them to the Internal Revenue Service using IRS Form 1099-B.

Arguably, one of the largest developments affecting the digital asset industry this year comes from a sleepy corner of the tax law. In August, the Department of the Treasury and the Internal Revenue ...

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...

Anyone who participates in an employee stock option or stock purchase plan at work could overpay their taxes — perhaps by a lot — if they don’t understand a reporting requirement that took effect in ...

As the holidays draw near, what do you think about, sugarplums, hot toddies, Eggnog? A visit to the tree lot, gifts, visits from relatives? Nope, you start fretting about those little IRS Forms 1099.

Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...