Recently, there have been changes regarding the 1099-K form and who is required to report these gains. There are some good news for many in the immediate future, but the requirements for the 2024 tax season is clarified and the talks about transitioning to a $600 reporting requirement are still plan...

Tax preparation can realistically be simplified down to these three simple concepts, you have Firstly gross income gains that serves as your overall starting point. You can Secondly reduce those gains from the starting point, and this is the point of where you begin ...