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HBS1040.com

Key Updates to Form 1099-K

by Taxing Subjects | Jun 2, 2025 | Tax Tips and News

After a few years of delays, the reporting threshold for third party settlement organizations (TPSOs) reported on a Form 1099-K has officially dropped

IRS Tax Relief for 2025: Disasters Update

by Taxing Subjects | Mar 21, 2025 | Tax Tips and News

In 2025, several significant natural disasters have impacted various regions across the United States. In response, the IRS has announced tax relief m

IRS Extends Tax Relief for Southern California Wildfire Victims

by Taxing Subjects | Feb 4, 2025 | Tax Tips and News

IRS Extends Tax Relief for Southern California Wildfire Victims
The IRS has announced significant tax relief measures for individuals and businesses a

Tax Filing Timeline: When Does E-File Start?

by Taxing Subjects | Jan 27, 2025 | Tax Tips and News

The IRS will begin accepting individual returns on Monday, Jan. 27, 2025
More and more taxpayers are leaning towards the convenience and speed of elec

Tax Fraud and Scams Online and Offshore: The IRS Dirty Dozen, Part 2

by Taxing Subjects | Sep 6, 2024 | Tax Tips and News

As part of the Dirty Dozen tax scams and fraud awareness effort, the Internal Revenue Service (IRS) encourages people to report individuals who promot

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