The 1099-K Reporting Threshold Is Delayed – Now What?
In December 2022, the IRS announced that the new reporting thresholds for Form 1099-K have been delayed. The new thresholds are part of the American..
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What is the IRS Fresh Start Program?
A new year could mean a financial fresh start. The IRS Fresh Start program was created to help struggling taxpayers and small businesses. In 2023,..
Read More4 Examples of Form 1099-K Scenarios
You can receive Form 1099-K for a variety of reasons. How you report the income listed on your 1099-K depends on how you made that income, which can..
Read MoreCommon IRS Penalties & How to Avoid Them
Owing the IRS doesn’t just stop with your tax balance. If your tax obligations are not met, you could face penalties that can make your debt even..
Read MoreWhy Did I Receive a 1099-K?
Changes in what companies are required to report to the IRS were supposed to go into effect this tax year, meaning more taxpayers would have received ..
Read MoreIRS Interest Rate Increases for Q1 of 2023
While the Fed continues to increase interest rates, other entities are adjusting their own rates accordingly, the IRS included. In fact, the first..
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How lifetime gifting can affect estate administration
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Can You Receive an Early Inheritance from an Indiana Trust?
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Pet Planning in Your Indiana Estate Plan
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Partial Trust Distributions in Indiana