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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 ...
Accounting Today

IRS updates 1099-K guidance for tax season

The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season. The Form 1099-K has been of particular concern in recent years after ...
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IRS holding $1 billion in unclaimed money

HOUSTON — More than 1.1 million taxpayers are owed a share of over $1 billion in unclaimed refunds for the 2021 tax year, according to the Internal Revenue Service. However, the deadline to claim the ...

Are we getting a stimulus check in November? Track IRS refund, inflation payment, rebate

See Trump rebate eligibility, inflation checks status, IRS where's my refund direct deposit payment, track social security ...
Accounting Today

IRS delays $600 1099-K threshold for another year

The Internal Revenue Service said Tuesday it would postpone the $600 threshold for reporting transactions on Form 1099-K for the second year in a row, and begin to phase in a threshold of $5,000 ...