IRS delays new tax-reporting rule on Venmo, PayPal payments over $600 - The Great Awakening

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IRS delays new tax-reporting rule on Venmo, PayPal payments over $600 (www.foxbusiness.com)

posted 1 year ago by mitmont123 1 year ago by mitmont123 +55 / -0

IRS delays new tax-reporting rule on Venmo, PayPal payments over $600

A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.

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– mitmont123 [S] 6 points 1 year ago +6 / -0

Not enough people for oversight or too much backlash?

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– GreazyCheeks 7 points 1 year ago +7 / -0

They haven't fully armed the 87,000 new agents yet.

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