Government Regulation Reaches The Decentralized Space With 1099-DA Recent action from Washington D.C. will soon change the way you report digital assets with a proposed new IRS form, Read More » September 20, 2022
Update: The IRS Is Creating A New Form 1099-DA For Cryptocurrency Reporting Everything you need to know about the new IRS tax form 1099-DA. At first, it was the restoration of Form Read More » September 8, 2022
1099-K: The IRS Changes And What You Need To Know Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » August 29, 2022
It’s Not Just You. Many Americans Are Concerned About The New 1099-K Tax Rule for Payments Over $600 Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » August 1, 2022
Form 941: Who Is Required To File & When Is Form 941 Due In Q2 Of 2022? Here’s a simple guide on what is form 941, who must file it, the deadline to file Form 941 in Read More » July 27, 2022
Crowdfunding Your Entrepreneurial Dream Could Come With Tax Complexities & Surprises Do you run crowdfunding campaigns to enable your business ventures and entrepreneurial dreams? With the new 1099-K rule, crowdfunding might Read More » July 26, 2022
Virtual Transactions Also Have Tax Consequences Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 25, 2022
How The New 1099-K Filing Rule Is Adversely Impacting Small Business Owners Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 22, 2022
Using Peer-To-Peer Payment Apps To Accept Payments From Customers? Here’s How It Impacts Your Business Tax Information Reporting Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 21, 2022
How To Use Form 1099-K For Your eCommerce Business Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 19, 2022
PayPal, Venmo & Cash App Must Report Transactions Of $600 Or More To IRS Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 18, 2022
Are Venmo Payments Considered Income? Get All The Details Here Note: IRS delays the rollout of the $600 threshold for 1099-K reporting.The threshold for Form 1099-K remains at $20,000 with Read More » July 15, 2022