The IRS deployed aggressive new automated matching technology for the 2026 tax season. For independent contractors and gig workers, even a one-dollar discrepancy between reported income and platform 1099s now triggers a 60-day refund freeze.
The IRS has officially kept the 1099-K threshold at $20,000 for 2025, sparing casual sellers from paperwork. However, new deductions for overtime pay and increased per diem rates for truckers create complex filing requirements that generic software often misses.
H&R Block has overtaken TurboTax in 2026, proving that human 'Pro Support' is the new standard for tax filing. Discover how this shift impacts trucker per diems, gig worker deductions, and your bottom line.
A new critical minerals agreement between the US and Japan effective Feb 18, 2026, expands the $7,500 EV tax credit to more Japanese models. This is a major win for gig drivers and fleet owners reducing CapEx.
The IRS expects to collect over $5 trillion in gross taxes by the end of 2026, and a significant chunk of that will come from small business owners who simply didn't know how to say "no" to overpaying. If you're running an LLC right now, you aren't just a business owner; you're a target for every ad