The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...
The Internal Revenue Service (IRS) announced the replacement of the 1040EZ tax form with a new form that offers a streamlined filing experience for taxpayers ...
Filing taxes is never fun-and with all the forms to review and boxes to check, it's easy to miss one or accidentally put down ...
According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers ...