GREENSBORO, N.C. — Back in July, WFMY News 2 told you about the IRS's plan to send 1099-K forms to anyone who used a payment app last year and got a total of $600. The idea is to make sure any income ...

Some Americans are finding a surprise tax form in the mail. It is Form 1099-K, the document sent by third-party network providers including eBay, PayPal and Venmo to report transactions made with ...

Payment apps such as Venmo, PayPal and Cash App were tasked under the American Rescue Plan of 2021 with sending 1099-K tax forms to the Internal Revenue Service (IRS) and to people who earned at least ...

The deadline for filing your 2024 tax return is April 15, 2025. But what if you owe the IRS money and you don’t have the cash to pay up? If you don’t pay, you’ll be charged penalties and interest.

Under the American Rescue Plan of 2021, payment apps like Venmo, PayPal and Cash App were ordered to send 1099-K tax forms to the Internal Revenue Service (IRS) and to people who earned at least $600 ...

Tax season can be complicated, and for many people, the biggest concern on April 15 each year is not just how much they owe, but how long they have to pay. After all, millions of Americans find that ...

On 12/19/23, the IRS announced the restart of IRS collection notices as well as a new penalty relief for approximately 4.7 million individuals, businesses and tax-exempt organizations that were not ...