Stay updated with breaking news from Third Party Network. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 26, 2022 – December 30, 2022.
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 26, 2022 – December 30, 2022...
The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
The American Rescue Plan of 2021 changed the reporting threshold for Third-Party Settlement Organizations.
The lower threshold threatened to generate millions of new forms going out to unsuspecting taxpayers and their accountants.