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 ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...

When KPERS mailed about 120,000 income tax forms to retirees, they got delayed at the USPS distribution center in Kansas City.

With tax season just getting started—the season officially opened on January 27, 2025—you’ve likely received several tax reporting forms already, or they are on their way. Here's what you need to know ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements. A notable development is Montana's introduction of the Form 1099-DA mandate, ...

TaxBandits supports the e-filing, submission, and status tracking of Form 1099-DA, the IRS's newly introduced form for digital asset reporting. The company draws on its experience with federal and ...

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...