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The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold.
IRS phases in Form 1099-K threshold at $2,500 in 2025
The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold.
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Navigating the 1099-K Tax Form: A Comprehensive Guide for Independent Sellers
The Internal Revenue Service (IRS) has decided to delay a rule change that would have had a major impact on small businesses and freelancers. The change would have required businesses to report payments made through popular third-party payment processors, such as Venmo and PayPal, on Form 1099-K. Originally scheduled to take effect on January 1, […]
IRS Delays New Rule for Small Businesses and Freelancers on Digital Payments #Form1099K #freelancers #IRSrulechange #smallbusinesses #thirdpartypaymentprocessors
