Main Street Briefing

Less Paperwork, a Permanent Deduction, and One Rule You Can Ignore


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Three regulatory shifts that put time and money back in your pocket: the 1099-NEC threshold jumps from $600 to $2,000 and the 1099-K resets to $20,000, the 20% Qualified Business Income deduction is now permanent, and Beneficial Ownership reporting stays paused for most U.S. businesses. Alex explains what each one means and the exact move to make.

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Main Street BriefingBy MainStreet Media