reporting

IRS again delays $600 payment reporting rule for PayPal, Venmo and more – CBS News

The IRS said Tuesday it is again delaying implementation of a 2021 law that requires payment platforms like Venmo, Paypal or Cash App to send tax forms called 1099-Ks to anyone who receives more than $600 in the current tax year has. It is the second year in a row that the IRS has delayed … [Read more…]

Elon Musk’s X is suing media watchdog Media Matters over reporting pro-Nazi content on social media site

Gonzalo Fuentes/Portal/File Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference on innovation and startups at the Porte de Versailles exhibition center in Paris, France on June 16, 2023. CNN – After a devastating advertiser exodus last week involving some of the world’s … [Read more…]