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Category Taxes 2023

Taxes 2023, Uncategorized

Breaking News on Payment Platform Tax Reporting: The IRS Delays $600 Reporting Threshold for 1099-Ks

The IRS has just announced a delay in the income reporting thresholds for third-party settlement organizations (TPSOs) such as PayPal, Venmo, and CashApp . This is a key change which may impact your 2022 tax filing. Until now, the IRS…

Jonathan Medows, CPA
January 11, 2023

Cryptocurrency, cryptocurrency tax, Taxes 2023

Freelancer Crypto Income: Get Up to Speed on New IRS Guidance and Reporting Requirements for Digital Assets

Last year the introduction of the Infrastructure Investment and Jobs Act clarified and expanded the rules for reporting of information on digital assets by brokers. The United States Treasury Department and the Internal Revenue Service (IRS) have just announced that…

Jonathan Medows, CPA
December 28, 2022

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Breaking News on Payment Platform Tax Reporting: The IRS Delays $600 Reporting Threshold for 1099-Ks

Freelancer Crypto Income: Get Up to Speed on New IRS Guidance and Reporting Requirements for Digital Assets

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