Venmo, Cash App and PayPal 1099-K forms: What you need to know this tax season
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may ...
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IRS Form 1099-K change and why it will cause you to lose your refund
The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes ...
A Guide to Tax Deductions for the Self-Employed
Are you self-employed and wondering how to maximize your tax deductions for tax year 2024? Here's a look at the best tax write-offs you don't want to miss: 1. Qualified Business Income If you' ...
1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
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 ...
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Freelance Taxes Don't Have to Be Scary. 5 Tips From a Professional Side Hustler
Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...
Did You Sell Concert Tickets or Clothes? You May Owe Taxes.
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 ...