Update: IRS Postpones Implementation of $600 Form 1099-K Reporting Threshold until 1/1/24

Online Marketplaces or "TPSOs" required by IRS to send sellers Form 1099-K for sales of $600 or more in 2022.   Article Summary   Update: The new IRS notice creates a transition period of one year, postponing the $600 Form 1099-K threshold until the January 31, 2024 reporting date. In essence, … [Read more...]