The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...
If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...
About 12,000 Oregonians who were sent incorrect tax forms from the Oregon Unemployment Department should receive corrected tax forms next week. The errors, which were discovered the week of March 27, ...
As the old saying goes, two things are certain in life — death and taxes. Crypto gaining mainstream legitimacy has come with the tradeoff of increased scrutiny, regulations, and, you guessed it, taxes ...
Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...
If you regularly work with independent contractors or vendors, you’ll probably need to send them Form 1099 at the beginning of the year. There are over 20 types of 1099 forms, but fortunately, most ...
Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you ...
SALEM, Ore. (KTVZ) -- The Oregon Employment Department said Thursday it identified errors with some 1099-G tax forms it issued in January regarding Unemployment Insurance benefits paid in 2024. As a ...
You technically don't need a 1099 form to file a tax return. What the IRS cares about is that you report all the income you earned during the year, whether it came from a regular paycheck, a side ...
How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ...
Editor’s note: The following was written by Shannon Sand, regional Extension educator for the University of Nebraska, for the university’s Center for Agricultural Profitability website. According to ...