2024 Tax Update: Third-Party Payment Platforms and 1099-K Forms

As you may have heard, there have been some proposed changes to the tax reporting requirements for the use of third-party payment platforms, such as credit card processors, PayPal, Venmo, Cash App, Etsy, Stripe, Ebay, Amazon, VRBO, AirBnB, and other sites. As part of the American Rescue Plan Act of 2021, the Biden Administration has […]

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Important Tax Deadlines For 2024

It’s officially tax season here in the U.S. and here are some important tax deadlines for 2024. In addition, the IRS will officially start accepting 2023 e-filings on January 29, 2024. It’s not too soon to schedule your in-person or virtual tax appointment for your 2023 tax year preparation! Contact us with any questions, to review our virtual […]

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