Online sellers and freelancers in the U.S. have found changes to the 1099-K reporting threshold headache-inducing at best over the past couple of years, but a recent change in IRS policy will come as ...
Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ...
On November 21, 2025, the Internal Revenue Service (IRS) issued Notice 2025-69, providing guidance and clarification on the ...
Taxpayer Identification Number (TIN) mismatches have quietly become one of the most expensive and disruptive compliance ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...
President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...
While there are multiple ways to collect money from clients and customers, one of the best options is PayPal. PayPal makes it possible to accept payments without setting up a merchant account. It’s an ...
One of the most tax-friendly provisions of an IRA is the ability for IRA owners who are at least age 70½ to donate up to $108,000 (2025 limit) directly to an eligible charity from their IRA. This is ...
New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...