Under a new rule enacted in 2021, third-party payment processors must issue a Form 1099-K to any individual who receives $600 or more in payments for goods or services during a year. However, IRS officials …

Starting January 1, 2024, buyers of new and used electric (EV), plug-in hybrid (PHEV) and fuel cell vehicles may transfer the Clean Vehicle Credit to a car dealer in exchange for a lower price. These …

January

Day

10
Employees Who Work for Tips – If you received $20 or more in tips during December, you must report them to your employer (employees are required to keep a daily record of tips). All tips …

It is more blessed to give than to receive and giving assets to loved ones while you’re still alive is a great way for them to enjoy the benefits right away — and for you …

Albert Einstein, one of the smartest men to ever live, said, \”The hardest thing to understand is the tax code.\”

Americans may feel more empowered this year to do their own taxes with TikTok, Google, ChatGPT …