Third-party payment platforms will issue 1099-Ks for individuals who earned over $5,000 in income via payment apps last year.

President-elect Donald Trump announced a slew of new administration picks on Wednesday, including his choices to head the ...

Incoming Senate Republican leader John Thune met late Wednesday with Treasury secretary nominee Scott Bessent, emerging from the closed-door discussion saying the two men “covered a lot of ground.” ...

As discussed in detail below, the Corporate Transparency Act (CTA) provides an exemption to its reporting requirements for certain large ...

The move would effectively fire the current I.R.S. commissioner, whose term was set to last to 2027, and shake up an agency ...

In the American Rescue Plan Act of 2021, Congress and the Biden administration lowered the minimum reporting threshold for filing information ...

President-elect Donald Trump said he is selecting former US Representative Billy Long to serve as the commissioner of the ...

President-elect Donald Trump announced on Truth Social Wednesday that he is nominating former Missouri representative Billy ...

Former Missouri Congressman Billy Long was tapped on Wednesday evening by President-elect Donald Trump to lead the Internal ...

Long, a Missouri Republican, would replace Danny Werfel before his term ends in 2027.

President-elect Donald Trump said he would nominate Rep. Billy Long (R-Miss.) to serve as the Commissioner of the Internal ...

'I would like to keep the house because my grown children and grandchildren reside there' ...