2022-12-26
The IRS is delaying the new 1099-K reporting threshold for one year. The one-year delay is in line with Sen. Shelley Moore Capito's (https://r-w.va/.) proposal, while Sen. Joe Manchin (https://d-w.va/.) tried for a 2-yr. From @njagoda https://news.bloombergtax.com/ ...
Bloomberg
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions
2022-12-25
The IRS is delaying the new 1099-K reporting threshold for one year. The one-year delay is in line with Sen. Shelley Moore Capito's (https://r-w.va/.) proposal, while Sen. Joe Manchin (https://d-w.va/.) tried for a 2-yr. From @njagoda https://news.bloombergtax.com/ ...
Bloomberg
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions
The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy …
2022-12-24
The IRS is delaying the new 1099-K reporting threshold for one year. The one-year delay is in line with Sen. Shelley Moore Capito's (https://r-w.va/.) proposal, while Sen. Joe Manchin (https://d-w.va/.) tried for a 2-yr. From @njagoda https://news.bloombergtax.com/ ...
Bloomberg
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions
The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy …