The Internal Revenue Service has released a clarification for how to report credit and debit card transactions on the new Form 1099-K information-reporting form. Processing Content For tax year 2011 ...

Eric's career includes extensive work in both public and corporate accounting with responsibilities such as preparing and reviewing federal, state, and local tax filings; supporting multinational ...

Many taxpayers cheered in 2008 when the Housing and Economic Recovery Act, or HERA, was signed into law by President Bush. The bill was designed to provide "needed housing reform" and was intended to ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

If you get paid through a third-party app, you may find an IRS Form 1099-K in your mailbox. Previously, only self-employed workers who netted at least $20,000 through Venmo, PayPal, CashApp, Stripe or ...

Many small businesses accept credit cards, debit cards, and money transfer app payments as payment options when customers purchase goods and services. If you're among them, you will likely receive ...

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 ...

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 ...