Stay updated with breaking news from Scott Talbott. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The change might have resulted in 44 million more 1099-K forms being sent in January to such filers, including small business owners, freelancers, those with side hustles and gig workers.
The IRS has decided to postpone implementation of a rule change that would affect tax filers who receive business income via payment apps like Venmo and CashApp
The IRS has decided to postpone implementation of a rule change that would affect tax filers who receive business income via payment apps like Venmo and CashApp
The IRS has decided to postpone implementation of a rule change that would affect tax filers who receive business income via payment apps like Venmo and CashApp
Meta Platforms Inc., Apple Inc., Alphabet Inc. and other companies that offer digital wallets and payment apps would fall under U.S. Consumer Financial Protection Bureau supervision under a newly proposed