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 ...
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IRS Issues New Guidance on Car Loan Interest, Employee Credits, and 1099-K Thresholds
The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...
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 is used to report payments received for goods or services processed through payment apps, online marketplaces, ...
The standard deduction changes each year based on inflation. How much of a deduction you're entitled to depends on your age, filing status and other factors.
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