$600 Threshold – The Burns Firm – Advisors of Complex Financial Matters

IRS Delays $600 Form 1099-K Reporting Threshold

December 5th, 2023|Categories: Accountant, Accounting, American Rescue Plan Act of 2021, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Form 1099-K, Tax, tax accountant, Tax Forms, The Burns Firm|Tags: $600 Threshold, 1099, 1099-K, American Rescue Plan Act of 2021, tax, tax advisor, The Burns Firm|

Businesses and individuals concerned about the confusing 1099-K reporting requirements can breathe a sigh of relief: On November 21, 2023, the IRS announced that the deadline for the new $600 reporting [...]