IRS announces a delay in implementing reporting threshold of third-party payment platforms
The IRS has announced a delay to the implementation of $600 reporting threshold for third-party payment platforms’ Form 1099-K. 2022 will now be a transition year for these platforms including Venmo, PayPal, and CashApp. Click here for the details.
← Does Your Employee Benefit Plan Require an Audit? Here is what to expectAnnual Tax Adjustments for 2023 →
Join our newsletter for insights and information that matter to you or your business
