The $600 threshold will go into effect for tax year 2025, and taxpayers over the limit can expect to receive a 1099-K at the beginning of 2026. However, business payments have always been taxable and filers should still report 2023 income even if they don't receive a Form 1099-K. "We spent many months gathering feedback
Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low prices against ethical questions. The platform introduced TikTok Shop in the U.S. in September as an in-app shopping
With an economy posting significant GDP growth, a resilient labor market, and inflation and gas prices falling sharply across the nation, one of the early challenges for President Joe Biden's reelection campaign has been the disconnect between actual economic progress and the outlook of Americans. You can add America's small business owners on Main Streets
