The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...

The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. The Form 1099-K has been of particular concern in recent years after ...

Form 1099-K is an IRS information return used to report certain payments to improve voluntary tax compliance. The requirement to file a Form 1099-K can be triggered when payments are received for ...

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report. The report, released Thursday by the Government ...

The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should ...

A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these ...

IRS Commissioner Danny Werfel defended his agency’s delay of the implementation of a lower threshold for reporting income on Forms 1099-K, telling a House committee on Thursday that his office has the ...

Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

The IRS, in its release of the draft of the Form 1099-DA for brokers to report digital asset transactions, includes the broad definition of “broker” used in proposed regulations that drew industry ire ...