Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals ...

If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Sports betting winnings over $600 may be taxable. Learn how W-2G forms work, what happens if you don’t report, and how to ...

The next ANCHOR benefit has to be funded in the state budget this summer. The last benefit, paid out for the 2021 tax year, ...

PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an update to its tax-reporting protocols to ...

The IRS is ready to receive your 2024 federal tax returns and many taxpayers expecting refunds are busy getting their forms ...

Tax credit numbers allowing Mountain State residents to claim their first-time vehicle tax rebate on state tax returns are ...