The IRS requires Purdue, as an employer, to report whether an employee and dependents (if applicable) had coverage in 2022. Therefore, employees receive Form 1095-C, which details whether they were ...
On 9/1/22, the IRS posted Form 1040 2022 Draft. Form 1040 is the U.S. Individual Income Tax Return and since tax year 2019, Form 1040 has been asking taxpayers about their virtual currency doings on ...
The IRS on Friday announced a delay in the $600 reporting threshold for third-party settlement organizations, which had been in effect for the 2022 calendar year. As a result, the IRS says third-party ...
Tax season has officially begun. But it also feels like, "oh no, tax season has officially begun." We know the feeling, which is why USA Today's putting together a series of stories to make the season ...
The IRS will start accepting 2022 federal tax returns on January 23, 2023. Live in Tennessee? Good news: There's no state tax returns. Tax season is upon us — whether we want it to be or not. The ...
Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX scandal capped a disastrous 2022 that ...
As background, changes made by the Tax Cuts and Jobs Act in 2017 required the IRS to revise the withholding tables and develop new forms to use to withhold taxes from periodic payments. As we near the ...
WASHINGTON (KABC) -- Anyone being paid for their goods and services through apps like Venmo or Etsy just got a reprieve from the IRS. The revenue service announced it would delay the implementation of ...
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new “Digital Asset” category. American taxpayers will find a broader, more defined ...
The Internal Revenue Service (IRS) was one of the first United States regulators to provide guidance on the tax treatment of virtual currencies such as Bitcoin. Starting back in 2014 with its release ...
2023 was going to be the first year in which people who earned at least $600 from online platforms like eBay, Etsy, Venmo and CashApp were going to receive 1099-K income tax forms. But right before ...