IRS Restores $20,000 Threshold for Form 1099-K Reporting
The Internal Revenue Service (IRS) reinstated the reporting threshold for Form 1099-K to its pre-2021 levels on October 23, 2023. This decision comes under the provisions of the One Big…
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The Internal Revenue Service (IRS) reinstated the reporting threshold for Form 1099-K to its pre-2021 levels on October 23, 2023. This decision comes under the provisions of the One Big…