KB Tax Devisers

KB Tax Devisers

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IRS 1099-K Threshold 2025: What You Need to Know About Digital Payment Reporting

If any money is received through apps like Venmo, PayPal, Cash App, or Zelle, 2025 will be a big year with some major modifications in the tax arena. And with the risin' 1099-K threshold for 2025 taking center stage, understanding the updated rules is a must so you don't get blindsided during tax season. This post will explain what the new rules mean, who's affected, how to file for a...

KB Tax Devisers

2025-11-07 10:52:34

Can You Get a Second Opinion on Your Taxes? Here’s What You Need to Know

Millions of taxpayers each year file their returns with this thought in the back of their minds: Have I paid too much? The taxes can be complicated, the rules keep changing, and sometimes it just slips away from you when trying to think about how to save on taxes. Hence, many people seek an opinion second time on taxes-an additional review from a qualified professional to ensure that nothing is...

KB Tax Devisers

2025-10-01 11:21:24

Understanding AMT: Is the Alternative Minimum Tax Coming for You?

Let’s be real: taxes aren’t exactly cocktail party conversation. But sometimes there can be the very little tax knowledge that can save you a great deal of worry and stress-and money. One of the confounding tax pieces in this jigsaw is the Alternative Minimum Tax or AMT. If you're still wondering, "What is AMT tax, anyway?" don't worry you are not alone! The AMT tends to catch...

KB Tax Devisers

2025-07-21 07:31:59

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