New 1099 Reporting Requirements for 2022 – what does it mean for you?
Starting in 2022 the IRS has issued new 1099 reporting requirements requiring Venmo, PayPal, Cash App to report business transactions of $600 or more to the IRS. What does this mean for the individual taxpayer? If I give money to my relatives over Chinese New Years does that mean I need to issue them a …
New 1099 Reporting Requirements for 2022 – what does it mean for you? Read More »