LOS ANGELES, CA / ACCESSWIRE / December 28, 2020 / Tax2efile, an Internal Revenue Service (IRS) authorized online tax filing service provider, is pleased to announce that taxpayers may begin to e-file ...

Making a certain amount of cash from pursuing a passion or by having your own side gig means you owe taxes, according to the Internal Revenue Service, but you won’t receive a W-2 form as you would ...

Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma.

STORY UPDATE: As of Jan. 1, the reporting threshold for business transactions processed through any cash apps is $600. An FAQ from the IRS is available here. Beginning Jan. 1, 2022, people who use ...

What Is Form 1099-OID: Original Issue Discount? Form 1099-OID: Original Issue Discount is an Internal Revenue Service (IRS) form that taxpayers receive if their taxable income for the year includes ...

If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...