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…]