JD Supra

IRS Form 8937 Reporting - An Often-Overlooked U.S. Tax Reporting Requirement

As discussed in our prior blog posting, Canadian companies should be aware that, if they engage in certain “organizational actions” (as discussed below) that affect the tax basis of their securities ...
Accounting Today

Form 1099: Shaping the tax reporting landscape for more than a century

For more than 100 years, the evolution of Form 1099 has required organizations to repeatedly adjust their tax reporting and compliance strategies in order to allow the Internal Revenue Service to ...
Forbes

One Big Beautiful Bill Act Changes Form 1099 Reporting For Gig Workers And Those Who Use Payment Apps Like PayPal For Business

Under the new law, reporting thresholds for Form 1099-K (for payment card and third-party network transactions), Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for ...
JournalofAccountancy

IRS again delays effective date of $600 threshold for Form 1099-K reporting

The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...
JournalofAccountancy

Prop. regs. would modify reporting obligations for Form 8308, Part IV

The IRS on Monday issued proposed regulations (REG-108822-25) that would modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership ...