[ad_1] Venmo tax reporting is creating a buzz in the financial ecosystem this year. The Internal Revenue Service (IRS) has initiated a new set of regulations aimed at overseeing business…
Tag: 1099K
eBay CEO Applauds IRS Decision to Delay 1099-K Implementation
[ad_1] IRS’s Decision: A Boon for Online Marketplaces Jamie Iannone, the Chief Executive Officer of eBay, expressed relief and appreciation toward the IRS’s decision. “Today’s announcement by the IRS is…
IRS Delays Lower Form 1099-K Reporting Threshold to Aid Small Businesses and Taxpayers
[ad_1] The Internal Revenue Service (IRS) has announced a significant delay in the implementation of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for the calendar year…
IRS delays tax reporting change for 1099-K on Venmo, Paypal business payments
[ad_1] Svetikd | E+ | Getty Images The IRS has delayed, for a year, when payment services such as Paypal and Venmo and e-commerce companies such as eBay, Etsy and…