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Month: December 2024

Form 1099-K Threshold Set to $5,000 for 2024

December 6, 2024 relanetAdminNews

The IRS has announced a change to the requirements that third-party settlement organizations (TPSOs), also known as payment apps and online marketplaces, have regarding reporting transactions during calendar years 2024 and 2025 on Form 1099-K. Under the issued guidance, TPSOs […]

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2024 Qualified Charitable Distribution Reminder

December 6, 2024 relanetAdminNews

The end of the year is fast approaching, and with it come a few deadlines that you should consider. If you are age 70½ or older and have an individual retirement arrangement (IRA), one thing you should think about is […]

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Preis is Right Accounting and Tax

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Spring Valley, NY 10977
Jacob@preisisright.com
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