Fixing the tax code’s complexity won’t happen overnight, but it can start with eliminating obsolete rules, restoring ...

One of the simplest ways to avoid issues with Venmo tax reporting is to categorize your transactions correctly. Venmo offers two key labels: “Goods and Services” and “Send to a Friend.” These labels ...

1. Do I need to pay taxes on profits from eToro? Yes, most countries treat eToro profits as taxable income or capital gains.

Discover how IRS refunds amount in May 2025 vary across U.S. regions due to income, tax credits, and filing behavior.

Taxpayers can use the IRS’ free Tax Withholding Estimator to determine if they are having the right amount of federal income tax withheld from their paychecks. When using the estimator, taxpayers ...

If you get payments through a mobile app or credit card you may — or may not — have received a 1099-K form. The income threshold for the form has changed, so CPA and TurboTax Expert Miguel ...

Taxpayers who received more than $5,000 in payments for goods and services through an online marketplace or payment app in 2024 should expect to receive a Form 1099-K PDF in January 2025.

Even though the tax deadline has passed, there’s still one step you can take today to make tax management easier moving forward: creating an IRS online account. Whether you’re tracking refunds, ...

Here are seven of the best ways you can send money to others from nearly anywhere. Best for: People with compatible bank ...

1099-K: If you’re a gig worker for a business like Uber, Lyft or Airbnb, you will probably use this form. This 1099 form is for reporting income that you received through third-parties ...