The Tax Adviser

Navigating the Form 1099-DA reporting maze

Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
Finance Strategists on MSN

Report of foreign financial assets (Form 8938): What to know

Discover the key aspects of filing the Report of Foreign Financial Assets (Form 8938). Learn the requirements, asset types, ...
Forbes

House And Senate Propose Form 1099 Reporting Relief For Gig Workers And Those Who Use Payment Apps Like PayPal For Business

The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form 1099-NEC. The goal? Fewer forms for taxpayers. Republicans on the Senate ...
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 ...
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 ...