03/05/2024
Write congress and tell them to increase the 1099-k reporting threshold to save millions of sellers on all platforms from IRS scrutiny
It’s a new year. While the end of 2023 saw the IRS temporarily delay implementation of the harmful new $600 threshold for receiving 1099-K tax forms, Americans who sell online need a permanent solution. Unless a permanent solution is achieved by Congress, that harmful tax reporting policy could go...