third party settlement organizations

IRS Delays Implementation of Lower Threshold for 1099-K Reporting
IRS Delays Implementation of Lower Threshold for 1099-K Reporting
November 21, 2023  |  Taxes

The Internal Revenue Service (IRS) has delayed the implementation of the new $600 Form 1099-K reporting threshold for third party settlement organizations (TPSOs), which include payment apps and online marketplaces, for...

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