The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.

A form arriving this January will tell the IRS exactly how much you received for that old couch, and it will say nothing ...

The information reporting form, IRS Form 1099-K (Payment Card and Third-Party Network Transactions), is used to track business payments made through credit or debit card and peer-to-peer services such ...

The IRS has changed its requirements for receiving Form 1099-K from payment apps several times in the past two years. The result is confusion not only for the potential recipient but also for the ...

Tax season is underway and one of the most buzzworthy documents has been Form 1099-K. If you're used to filing with Form 1099-K, it won't surprise you. However, some receiving the form might not ...

Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments. Before this year, you may have received Form 1099-K if you had more than ...

Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party ...

Many taxpayers could receive Form 1099-K for the first time this season, according to the National Taxpayer Advocate. If you had more than $5,000 in business transactions from apps such as PayPal or ...

One law provision new for tax years beginning in 2022 and after that could catch many individual taxpayers by surprise — particularly those in the “gig economy” — is the much lower threshold at which ...