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December 28, 2025
IRS digital platform data sharing increases through Form 1099-K reporting, affecting gig income, payment apps, and online marketplace transactions.
Gig platforms' tax reporting in 2025 brings new 1099-K rules, tighter IRS oversight, and more reporting for gig workers across major apps and marketplaces.
Mixed-status families face new tax credit rules as Congress debates SSN and ITIN eligibility, impacting Child Tax Credit and refunds.
Child Tax Credit expansion for ITIN filers is under review as Congress debates eligibility rules affecting mixed-status families and federal tax benefits.
Understand 2025 tax deduction income thresholds, MAGI rules, and IRS phase-out limits affecting eligibility and tax filing decisions.
1099-K reporting 2025 rules set a $2,500 threshold, affecting gig workers, freelancers, and online sellers using PayPal, Venmo, and more.
