IRS News

IRS Extends Deadline for 1099-K Reporting Threshold: A Relief for Taxpayers

The Internal Revenue Service (IRS) has once again delayed the implementation of the $600 reporting threshold for Form 1099-K, providing… Read More

10 months ago

Elevating Tax Departments: The Power of Technology

Elevating Tax Departments: The Power of Technology Corporate tax departments are under immense pressure. A shrinking talent pool and increasingly… Read More

10 months ago

IRS Tax Form 1098-T: A Guide

What is Form 1098-T? IRS Form 1098-T is a document issued by your U.S. school to report the amount you… Read More

12 months ago

The Gig Economy: A Taxing Challenge

The rise of the gig economy has transformed the American workforce, offering flexibility and independence to millions. However, it has… Read More

1 year ago

IRS Amnesty Programs: A Lifeline for Taxpayers

Are you burdened by unpaid taxes or complex filing requirements? Relief might be closer than you think. The IRS offers… Read More

1 year ago

July 2024 Sales Tax Changes

July typically brings significant changes to tax policies, especially concerning sales taxes. This month, alongside adjustments to sales and use… Read More

1 year ago

Upcoming Regulations for Reporting Crypto Taxes

The Internal Revenue Service (IRS) has unveiled extensive proposed regulations, spanning over 280 pages, to enforce congressional directives extending broker… Read More

2 years ago

The Kiddie Tax – Explained

Understanding the complexities of taxation presents challenges for individuals across the board. Families with children encounter additional nuances in tax… Read More

2 years ago

New 1099-K Filing Rules Delayed Again

Understanding IRS Form 1099-K: What You Need to Know If you're a seller of goods and services who receives payments… Read More

2 years ago
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