Just recently, in its IR-2022-226 dated December 23, 2022, the IRS announced the delay in the implementation of the $600 reporting threshold for third party payment platforms’ Form 1099 K. This means that Payment Settlement Entities (PSEs) will not be required to report tax year 2022 transactions on a Form 1099 K for the lower… Continue reading IRS LAST MINUTE CHANGE FOR 1099 K