The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

Employers who pay independent contractors for work that is not paid through their payrolls do not take out deductions. The contractors file their own taxes and make the payments. As a result, ...

Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, ...

If part of running your business involves receiving or making payments of more than $600 for the use or occupation of property that you own, then you are going to need to report that 1099 rental ...

With record-high inflation in 2022, many Americans took on side hustles to afford the increased costs of living. That included renting out part of their home, selling goods on sites like Etsy, ...

Soon, you may be joining the millions of taxpayers who will be gathering the forms they need to file their federal, state, and local tax returns. If you receive Social Security benefits, one of the ...

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you. Some forms are ...