_1099-k-rule-delayed-what-you-need-to-know.jpg "1099-K Rule Delayed: What You Need To Know from are 2020 taxes delayed Video Screenshot Preview")
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⏲ Duration: 13 min 21 sec
✓ Published: 29-Dec-2022
✓ Published: 29-Dec-2022
Description:
Wednesday December 28, 2022 - The Internal Revenue Service (IRS) recently announced that it is delaying the implementation of 1099-K reporting requirements until January 2023. This delay affects businesses and individuals who receive payments from financial organizations and other third parties through electronic payment channels such as PayPal, Venmo, Square, Apple Pay or Google Wallet. nnThe delay provides financial organizations and their customers with a valuable reprieve from the compliance
Wednesday December 28, 2022 - The Internal Revenue Service (IRS) recently announced that it is delaying the implementation of 1099-K reporting requirements until January 2023. This delay affects businesses and individuals who receive payments from financial organizations and other third parties through electronic payment channels such as PayPal, Venmo, Square, Apple Pay or Google Wallet. nnThe delay provides financial organizations and their customers with a valuable reprieve from the compliance
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