Information Returns IRS Form 1099-PATR: A Complete Guide for Reporting Patronage Dividends James Smith11 mins0 Cooperatives play a unique role in the U.S. economy, offering members a share of profits through patronage…continue reading..August 9, 2025August 9, 2025
Information Returns Form 1099-OID: A Complete Guide to Reporting Original Issue Discount Income James Smith12 mins0 In the world of fixed-income investing, understanding tax obligations is just as important as earning returns. One…continue reading..August 8, 2025August 8, 2025
Information Returns IRS Form 1099-LTC: Long-Term Care and Accelerated Death Benefits Explained James Smith14 mins0 Form 1099-LTC is an IRS tax document used to report payments made for long-term care services or…continue reading..August 7, 2025August 7, 2025
Information Returns Form 1099-C: Cancellation of Debt – A Complete Guide for Lenders and Recipients James Smith12 mins0 When a lender forgives or cancels a debt, the IRS may consider the canceled amount as taxable…continue reading..August 4, 2025August 4, 2025
Information Returns IRS Form 1099-A: A Complete Guide for Lenders and Borrowers James Smith13 mins0 In the world of lending and real estate, certain events—like foreclosures or abandoned properties—can have tax implications…continue reading..August 2, 2025August 2, 2025
Information Returns Form 1099-DA: A Complete Guide to Digital Asset Reporting for 2025 and Beyond James Smith11 mins0 As the digital asset economy continues to expand, the IRS is tightening its compliance framework to ensure…continue reading..August 1, 2025August 1, 2025
Information Returns Form 1099-K: A Complete Guide to Payment Card and Third-Party Network Transactions James Smith12 mins0 In today’s digital economy, payment transactions increasingly flow through third-party processors like PayPal, Stripe, Venmo, Square, and…continue reading..July 31, 2025July 31, 2025
Information Returns 1099 for Rental Income: A Comprehensive Guide for Landlords and Property Managers James Smith11 mins0 Rental income can be a lucrative source of revenue, but it comes with tax responsibilities. One of…continue reading..July 29, 2025July 31, 2025
Information Returns What Is IRS Form 1099-B? A Complete Guide for Brokers, and Investors James Smith13 mins0 If you’ve sold stocks, bonds, mutual funds, or other securities through a broker, chances are you’ve encountered…continue reading..July 28, 2025July 31, 2025
Information Returns IRS Form 1099-S: A Complete Guide to Real Estate Transaction Reporting James Smith12 mins0 When you sell or exchange real estate, there’s more to the deal than just signing the paperwork…continue reading..July 26, 2025July 31, 2025