Collins, Erin M

Did You Sell Concert Tickets or Clothes? You May Owe Taxes

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.

By Ann Carrns

Collins, Erin M Identity Theft Inflation Reduction Act of 2022 Internal Revenue Service Taxation Taxpayer Advocate Service United States Politics and Government

Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion

The Office of the National Taxpayer Advocate lamented that the tax collection agency, which now faces budget cuts in Congress, is still struggling to answer the telephones.

By Alan Rappeport