IRS Updates 1099-K Reporting Guidelines for Third-Party Payments
The Internal Revenue Service (IRS) has introduced updates to the 1099-K reporting thresholds for third-party payments, employing a phased approach to ease […]
Tag: IRS
Stimulus Payments For January 2025: Who Qualifies And How Much You’ll Get
As the new year approaches, many Americans eagerly anticipate their stimulus payments, which could provide a financial boost. The Internal Revenue Service […]
5 Essential IRS Updates You Need To Know For A Smooth Tax Season
As the new year begins, it’s essential to stay informed about important IRS updates that could impact your financial planning and tax […]
$1800 Trump Stimulus Checks 2024: Potential Relief for SSI, SSDI, and VA Recipients
Following Donald Trump’s electoral victory, discussions regarding the proposed $1800 Trump Stimulus Checks for 2024 have gained momentum. While this financial relief […]
IRS To Issue Payments To Eligible Californians And Others Who Missed Recovery Rebate Credit
The Internal Revenue Service (IRS) is set to issue automatic stimulus payments to eligible Californians and other taxpayers who missed out on […]
IRS Confirms New Tax Brackets for Individuals: Full List Released
As 2025 approaches, so does the start of the tax season, with the tax calendar soon opening for filing your 2024 tax […]
IRS to Distribute Unclaimed Tax Credits to Over One Million Taxpayers
Some Americans who qualified for a pandemic-era tax credit but did not claim it on their tax returns will soon receive up […]
Goodbye to $168,600 Tax Limit: What the 2025 Social Security Earnings Cap Means for You
As we approach 2025, several changes are expected to impact how Social Security taxes are applied to workers’ earnings. One key change […]
$800 Stimulus Check in 2024 – Should You Expect a Disbursement or Is It Just a Hoax?
In recent months, rumors of an $800 IRS stimulus check have spread across various platforms, sparking curiosity and confusion among Americans. While […]
IRS Announces New Refunds: $6,600 Available for U.S. Residents
The United States Internal Revenue Service (IRS) has unveiled a special refund program that offers substantial financial relief to eligible taxpayers who […]