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.
Where LLC owners overpay in 2026 — the deductions, elections and timing decisions that quietly cost small business owners more than the tax bill itself.