Many taxpayers have questions about Form 1099-K as it is a relatively new information return used by the IRS. If you have questions about Form 1099-K, the following should provide some answers. If you need to know more and have…
Today, we look at Form 1099-K, which is an information return that more taxpayers will be required to use in future tax years. This article will cover the form’s basic requirements and later we will look at specific situations where…
Most of us engage in hobbies of some kind, whether it’s collecting Chinese restaurant menus or making birdhouses. At some point, your hobby may start earning you additional income. Later, if the time that you spend on your hobby increases,…