The law, requiring payment platforms like PayPal to file Form 1099-Ks for anyone receiving over $600 (down form $20,000) threatened mass taxpayer confusion.
After Congress Fails To Act, IRS Delays Onerous New 1099-K Reporting For Payment Platforms
Forbes - 23 Dec 2022 19:49
The law, requiring payment platforms like PayPal to file Form 1099-Ks for anyone receiving over $600 (down form $20,000) threatened mass taxpayer confusion.
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