Oli joined the Latest News team in 2021, taking an interest in economics, world news, and articles that build from his study of history. He also dabbles in sports writing, joining the coverage of the ...
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What the new $600 IRS reporting threshold means for you
The $600 reporting threshold has become a flashpoint for anyone who earns money through side gigs, payment apps, or freelance work. I want to unpack how that old limit is being reshaped, what the new ...
The information reporting form, IRS Form 1099-K (Payment Card and Third-Party Network Transactions), is used to track business payments made through credit or debit cards and peer-to-peer services ...
The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...
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