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Tag: 1099-K Reporting Rule

Accounting, Department management

IRS Sends Reminder About New 1099 Rules

November 9, 2022

Via: Small Business Trends

The Internal Revenue Service (IRS) has reminded taxpayers accepting payments through payment cards and third-party network transactions that they may receive 1099-K forms for sales over $600 in early 2023. New 1099-K Reporting Rule The IRS noted that there are […]