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Month: December 2023

National Tax Security Awareness Week

National Tax Security Awareness Week is here. As part of an effort to help reduce identity theft, the IRS and its partners will sponsor a week of press releases, social media posts and other communications. The week runs from Nov. 27 to Dec. 1, and is timed to make people aware of fraud threats during […]

Read More National Tax Security Awareness Week

Tax Extenders in 2023

Tax Extenders in 2023: Three Major Business Provisions and an Expanded Child Credit? https://bit.ly/3T7GkN0 

Read More Tax Extenders in 2023

IRS announces delay in the $600 1099-K reporting threshold

The IRS has announced a delay in releasing the $600 Form 1099-K reporting threshold for third-party settlement organizations. Calendar year 2023 will now be considered a transition year and third parties (including payment apps and online marketplaces) won’t be required to report transactions unless a taxpayer receives more than $20,000 and has more than 200 […]

Read More IRS announces delay in the $600 1099-K reporting threshold

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