12-6-2022 – IRS Warns: New Rules for Side Income Could Increase Audit Risk episode artwork

EPISODE · Dec 7, 2022 · 45 MIN

12-6-2022 – IRS Warns: New Rules for Side Income Could Increase Audit Risk

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

People who earn money through "side hustles" and get paid via apps including Venmo, PayPal, and Cash App should file tax form 1099-K.Today's Stocks & Topics: JP Morgan, Metals, Buy and sell Individual Bonds, USO - U.S. Oil Fund LP, UNG - United States Natural Gas Fund L.P., Portfolio Management, TECH - Bio-Techne Corp., ISN Services, Loss and Taxes, ALLY - Ally Financial Inc., JEPI - JPMorgan Equity Premium Income ETF, COF - Capital One Financial Corp., Qualified vs. Nonqualified Dividends. TRIVIA QUESTION: "What are the 9 states that have no income tax at all? AND--what are the 3 states that exempt certain forms of retirement income from taxation?"Our Sponsors:* Check out Chilipad and use my code INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

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12-6-2022 – IRS Warns: New Rules for Side Income Could Increase Audit Risk

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