The Internal Revenue Service updated its frequently asked questions Wednesday about Form 1099-K, the information return used for reporting transactions involving payment cards and third-party networks ...

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report. The report, released Thursday by the Government ...

Navigating complex IRS reporting requirements is crucial for modern digital commerce. Review the legislative impact on your ...

Payment apps such as Venmo, PayPal and Cash App were tasked under the American Rescue Plan of 2021 with sending 1099-K tax forms to the Internal Revenue Service (IRS) and to people who earned at least ...

2023 was going to be the first year in which people who earned at least $600 from online platforms like eBay, Etsy, Venmo and CashApp were going to receive 1099-K income tax forms. But right before ...

The Internal Revenue Service is planning to issue guidance as soon as today on whether special state tax refunds, rebates and payments from states like California, Virginia and others are taxable.

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 ...