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1099-K $600 Requirement for 2023 Update! IRS Is Pushing It Off AGAIN!
Just TODAY (November 21, 2023), the IRS made a HUGE 1099-K announcement about the IRS $600 threshold! It is pushing off the changes to the reporting requirements for another YEAR! That's right, the new IRS $600 tax rule for Venmo & Cash App & PayPal that we thought was going to start in 2023 has now been pushed off for another year! More updates in the episode!
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By Logan Allec
4
33 ratings
Just TODAY (November 21, 2023), the IRS made a HUGE 1099-K announcement about the IRS $600 threshold! It is pushing off the changes to the reporting requirements for another YEAR! That's right, the new IRS $600 tax rule for Venmo & Cash App & PayPal that we thought was going to start in 2023 has now been pushed off for another year! More updates in the episode!
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