One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...

A local franchisee of the national coffee shop chain 7 Brew received a special exception which will allow the company to open ...

Taxing Questions by David Zubler ...

California Gov. Gavin Newsom signed a large “budget trailer” bill that will have significant consequences on the mortgage industry. In relevant part, the new law addresses foreclosures on ...

Updates from the IRS and insights from Taxbit and other industry professionals highlight significant developments in digital asset broker reporting.

Under updated IRS rules, third-party payment processors must now issue a 1099-K for total transactions exceeding $600 annually – a steep drop from the previous $20,000 threshold.

Others, like the 1095-B Qualifying Health Coverage Notice, are now for reference purposes only. If you receive a 1095-B form, keep it with your other tax forms and save it.

1099 tax forms for crypto When you go to do your taxes, you will notice that there are many 1099 forms for various activities. However, many will not apply to crypto. 1099 forms are divided based on ...

Before Form 1099-DA, crypto tax reporting was a mess. Some exchanges issued Forms 1099-MISC or 1099-B, while others provided nothing, leaving taxpayers to manually track their trades.

If the IRS receives a 1099 with income you didn’t report, it may send you a notice explaining how the numbers on your return differ from those that third parties reported.

TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider of 1099 Form, Form W2, Form 940, Form 941, 1095-B, 1095-C, and W-9, serving businesses, service providers, and tax professionals of ...