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 ...
The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...
As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information ...
Millions of Americans who sell goods online or use third-party platforms such as PayPal, Cash App or Venmo will soon face new tax reporting rules under changes introduced by the One Big Beautiful Bill ...
Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...
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 ...