The 2025 tax season will have its quirks, gimmicks and gotchas. But right now anyway, many experts say most people should ...

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...

Online sellers and freelancers in the U.S. have found changes to the 1099-K reporting threshold headache-inducing at best over the past couple of years, but a recent change in IRS policy will come as ...

Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if you receive more than $20,000 in gross payments on third-party networks or ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ensure compliance during tax season.

The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already ...

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

Americans could miss up to $25,000 in tax-free tips and overtime deductions under new IRS rules. Only voluntary tips and the ...

Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.

Clorox's high dividend yield provides a worthwhile incentive for investors to hold the stock while the turnaround plays out.

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.