
PayPal, eBay Seek IRS 1099-K Relief for Online Sellers
The 1099-K Fairness Coalition wants Congress to ensure that casual online sellers aren’t burdened with the 1099-K form.
The 1099-K Fairness Coalition wants Congress to ensure that casual online sellers aren’t burdened with the 1099-K form.
The IRS is treating calendar-year 2022 as a transition year for the reduced reporting threshold of more than $600.
The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
The word of caution from the IRS comes due to a change in how the tax agency issues 1099-Ks.