Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

If you're a freelancer, side hustler or business owner who gets paid via PayPal or Venmo for your services, expect big ...

A new survey found that gig workers, or freelancers, aren’t prepared for the lower threshold for 1099-K income reporting, which could result in a higher tax bill, CPA Practice Advisor reports.

New research from tax automation provider Avalara found 61% of gig economy workers are unaware of recently lowered 1099-K reporting thresholds aimed at capturing unreported online sales income, Nearly ...

You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. The American Rescue Plan Act of 2021 revamped reporting requirements for third-party ...

New research commissioned by tax automation provider Avalara shows 61% of gig economy workers are unaware of recently lowered 1099-K reporting thresholds aimed at capturing unreported online sales ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 or more last year through a service such as Venmo, PayPal, Cash App ...

A provision in the American Rescue Plan Act lowered the 1099-K reporting requirement and it’s highly likely that the new Congress will look to raise it back to the previous threshold of $20,000 ...