The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, ...

The 1099-K form is a requirement for companies like ‘Venmo’ and ‘Etsy.’ It’s a law change that those with online businesses ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Tax season begins late January, with April 15 set as the federal deadline. Notable changes include a new 1099-K form for ...

The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...

The original rule required a third-party platform to send you a 1099-K if you had more than 200 business transactions in a given year on the platform, and only if those transactions combined added ...

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

As a result of this delay, TPSOs will not be required to report the tax year 2022 transactions on a Form 1099-K to the IRS or the payee for the lower, $600 threshold amount enacted as part of the ...

Gig workers who earned more than $5,000 in payments in 2024 will receive a Form 1099-K PDF in January 2025. Another tax filing season is upon us. The IRS has not yet announced the official start ...

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

The IRS is moving forward with its new 1099-K tax reporting change. Here's what that means for you. Courtney Johnston Senior Editor Courtney Johnston is a senior editor leading the CNET Money team.