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Tag: Tax return

Tax Reporting and 1099-K Rules: What Contractors Need to Know in 2025

By Scott PalmerIn Accept Payments, Credit Card ProcessingPosted August 4, 2025

In 2025, new IRS rules and lower thresholds mean many contractors will see more 1099-K forms than before. It's important to understand what these forms report, when you'll get them, and how to handle them on your tax return to avoid mistakes and stay compliant. When are 1099-K Forms Issued?...

Tags: 1099-k, IRS rules, Tax reporting, Tax return
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