Breaking: The IRS gave a one-year tax-reporting reprieve to millions of Americans who make money through e-commerce platforms
The Internal Revenue Service on Friday gave millions of Americans a one-year reprieve on new tax-reporting requirements, delaying implementation of a law that requires e-commerce platforms such as eBay , Etsy and Airbnb to
give the tax agencyThe delay means the platforms won’t have to send sellers and the IRS a blizzard of 1099-K tax forms early in 2023, and it gives opponents of the $600 threshold more time to push for a change in the law next year.
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