November 2023

Another delay for Form 1099-k lower threshold filing. Change applies to the 11.21.2023 Blog / Post, “Tax news… Tax form 1099-ks, and more…” 2023 tax filing will be as another transition year, IRS announced the effective date of the $600 threshold for Form 1099-K reporting is delayed another year till 2024, considering as a it […]

New IRS tax on gig-workers is here! Starting this year, Form 1099-Ks will be issued to people who are engaged in gig-work, casual sales of selling services or goods, receiving more than $600 in gross sales. New IRS rule required that third-party payment networks like PayPal, Venmo, Amazon, and Square, Airbnb, Etsy, eBay, issue Form