Coverage dated November 20, 2023 to November 21, 2023
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
Headline from Fox32 Chicago
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Fox32 Chicago's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.
Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the coming tax filing season.
WASHINGTON >> Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced today it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.
WASHINGTON (AP) — Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.
The IRS announced Tuesday it is delaying a controversial new requirement that will require people to report income in excess of $600 paid through apps such as Venmo.
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
The IRS will delay implementing a sweeping rule change that forces people to report income over $600 paid through popular apps such as Venmo and Paypal, the agency announced Tuesday.
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IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps | Since Then