It’s a new year. Dave and I are taking a look back at the biggest topics of 2022 and offer our views on how these shaped ecommerce and marketplaces last year.
While the IRS delayed a new rule on when online sellers will receive a 1099-K form, many will still receive them, even if their sales are under $20K.
The IRS said on Friday it will postpone the 1099-K threshold requirement of $600 for one year, providing some relief to marketplace personal and micro sellers.
There are now multiple amendments in Congress to the big $1.7 billion spending bill that would either change or delay the 1099-K reporting requirement.
Millions of more taxpayers will receive 1099-K forms in January due to a change in threshold. eBay CEO Jamie Iannone makes year-end pitch to fix threshold now.