The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...
If you receive Social Security benefits, you’ll need the SSA-1099 form (or SSA-1042S for noncitizens) for tax filing. These ...
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...
If you're one of the millions of people in the U.S. who sends quarterly estimated income taxes to the IRS, you already know that doing it right requires dedication and organization. In contrast to ...
According to new data from Intuit Credit Karma, 30% of American taxpayers dread filing taxes to the point of tears. That ...
Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...