Deducting Business Miles on Your Tax Return Can Save You Big Money on Taxes for 2022 and in 2023
Deducting business miles for your online business is one of the most overlooked legitimate deductions the IRS allows.
Deducting business miles for your online business is one of the most overlooked legitimate deductions the IRS allows.
While the IRS delayed a new rule on when online sellers will receive a 1099-K form, many will still receive them, even if their sales are under $20K.
The IRS said on Friday it will postpone the 1099-K threshold requirement of $600 for one year, providing some relief to marketplace personal and micro sellers.
There are now multiple amendments in Congress to the big $1.7 billion spending bill that would either change or delay the 1099-K reporting requirement.
A few days ago, the IRS sent out an email reminding taxpayers that more Americans will receive Form 1099-K in January for selling online or providing services
eBay is urging sellers in what seems like a last-ditch effort to have Congress raise the new IRS tax reporting threshold.
1099-K forms can be confusing, especially when sellers receive them for the first time. If you sell on your own website or on an online…
Micro and Small Business sellers in Massachusetts and Vermont are getting a nasty surprise from PayPal, Payable, and possibly other TPSOs (Third Party Settlement Organizations). While there…