The Internal Revenue Service unveiled a long-awaited online portal Wednesday where businesses will be able to file their 1099 information returns for free. The Information Returns Intake System portal ...

Tax season is well underway, and that means you should have received one or more income statements from employers or any other entities that paid you income in 2024. IRS rules state that all tax ...

The IRS has announced that businesses can now file Forms 1099 using a new online portal called the Information Returns Intake System, or IRIS. And it's just in time since most Forms 1099 are due to ...

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal to file their 1099 forms for free. The IRS opened ...

Many taxpayers cheered in 2008 when the Housing and Economic Recovery Act, or HERA, was signed into law by President Bush. The bill was designed to provide "needed housing reform" and was intended to ...

GREENSBORO, N.C. — Back in July, WFMY News 2 told you about the IRS's plan to send 1099-K forms to anyone who used a payment app last year and got a total of $600. The idea is to make sure any income ...

Payment apps such as Venmo, PayPal and Cash App were tasked under the American Rescue Plan of 2021 with sending 1099-K tax forms to the Internal Revenue Service (IRS) and to people who earned at least ...

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 ...