Newsletter Archives
IRS Delays Implementation of New Rules for 1099-K Forms
Under a new rule enacted in 2021, third-party payment processors must issue a Form 1099-K to any individual who receives $600 or more in payments for goods or services during a year. However, IRS officials ...
New Credit Rules Could Mean Paying Less for a Clean Vehicle in 2024
Starting January 1, 2024, buyers of new and used electric (EV), plug-in hybrid (PHEV) and fuel cell vehicles may transfer the Clean Vehicle Credit to a car dealer in exchange for a lower price. These ...
Upcoming Tax Deadlines
January
Day
10
Employees Who Work for Tips - If you received $20 or more in tips during December, you must report them to your employer (employees are required to keep a daily record of tips). All tips ...