Tax

vThe IRS is alerting Americans that payments made through third-party payment networks like Venmo, PayPal, Cash App, and others that total $600 or more must be reported to the IRS and included in 2022 tax returns. You Should Report Your…

The regulation mandates that if annual company transactions reach $600, third-party payment platforms must provide Americans and the IRS with a 1099-K.  Payment for an item or service qualifies as a commercial transaction that is subject…

The Internal Revenue Service (IRS) claims that opening an online account on its website enables taxpayers to securely view their personal tax data. Logging in and confirming your name and address will allow you to accomplish this. The…

The story in a nutshell Due to the fact that taxpayers did not get stimulus money during this tax year, refunds may be less. According to the IRS, you should electronically file an error-free return and request a direct deposit if you…

The IRS has yet to issue tax refunds to millions of Americans, but there is one bright spot: the money may be earning interest, and rates are set to increase in January. On returns that are delayed by more than 45 days after the filing…

Many states sent stimulus payments in 2022 to aid citizens in partially resolving their financial problems, including gas rebates. We must recognize that this is merely an additional, temporary source of support for you and your family…

When filing a tax refund, taxpayers often anticipate receiving a sizable refund that will greatly assist them in the short and long term. People eligible for tax return advance loans may be persuaded to apply so they can receive their…

At least 20 states already offer one-time tax rebates and tax credits to help residents manage the rising cost of living in the face of extraordinarily high inflation and rising interest rates. The United States is seeing its highest…