Category: taxes
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New Law Loosens Tax Form Requirements: 1099-MISC To $2,000 & 1099-K To $20,000
Written by Chuck @ Doctor Of Credit The new bill just signed into law on July 4, 2025 (“Big Beautiful Bill”) includes two little-known changes in tax form reporting. One change is regarding the 1099-K tax form and goes into effect for year 2025 and beyond (ht reader calwatch). The other is regarding the 1099-MISC…