If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

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

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...

The underpayment penalty is a 7% charge imposed on taxpayers who didn’t pay all of their estimated income taxes or paid estimated taxes late.

The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...