OLD TIMES

IRS issues another tax warning to Americans who earned more than $600 online

IRS issues another tax warning to Americans who earned more than $600 online

Independent contractors who have earned money through online services will have their income reported to the Internal Revenue Service (IRS) starting in 2023, the agency said in a second warning issued Tuesday. People who have made money through eBay, Etsy, Poshmark, Uber and other digital services will face the new oversight and new rules. It …

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IRS warns Americans to report $600 transactions from payment processors or risky audit

IRS warns Americans to report $600 transactions from payment processors or risky audit

The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal and Cash App, as the agency seeks data regarding part-time employment and side gigs, a move critics called a government abuse. In a recent explainer posted online, the IRS said that according to the American …

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There are several different types of professionals who can help you organize or plan your finances. (Inside Creative House/Shutterstock)

Financial Planners and Other Mysteries of Life

I notice a growing trend in my mailbox: readers looking for financial planners or advisors. Or helpers. The problem is that taking the context of the message, it’s pretty clear that not everyone means the same thing when referring to a “planner-advisor-assistant-assistant”. A reader wanted to know where to find a “financial planner” who would …

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