The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

The new regulations will be rolled out in stages, with the threshold set at $5,000 for the 2024 fiscal year, dropping to $2,500 in 2025, and finally reaching a minimum of $600 from 2026 onwards.

A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.

The IRS is rolling out a new 1099-K reporting rule for third-party payment apps, impacting freelancers and business owners. This change, part of the American Rescue Plan, aims to streamline tax ...

The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be required to report every dime made in crypto sales. The new rules fall ...

IRS delays controversial new rule on tax reporting for apps like Venmo. The companies will again have to report only those who made more than $20,000 and 200 transactions on their platforms ...

"The new reporting threshold of only $600 means that Americans who sell only used goods and owe no taxes will now get confusing IRS forms," the coalition says in a statement at 1099Fairness.org ...

The US Treasury Department plans to impose new reporting requirements for crypto. Soon, banks and financial institutions will have to report information to the IRS. Exchanges, custodians, and ...

A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.