The American Rescue Plan Act of 2021 lowered the 1099-K reporting threshold from $20,000 and 200 transactions to just $600 and one transaction annually. This im...

The new 1099-K requirements are confusing online sellers with most saying it’ll impact the amount they sell.

Today, @WaysandMeansGOP and @WaysMeansCmte will hold a hearing with the Commissioner of @IRSnews. One of the issues that needs to be discussed is the 1099-K rep...