Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.

People are reporting they've received a surprise tax form falsely claiming they've made money on a payment app they never ...

If you don't have an account, you can create one. Then select the "Replace Your Tax Form SSA-1099/SSA-1042S" option and find the "Choose a Year" dropdown menu and select the relevant tax year.

But in 2025, that number is expected to soar. The IRS announced the reporting threshold for the 1099-K form will drop from $20,000 to $5,000 this tax filing season, plummeting each year until $600.

In response to corporate concerns over the 1099-K threshold and to avoid further confusing taxpayers, the IRS has postponed implementing the new Form 1099-K reporting threshold requirement for ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...