IRS Delays Tax Rule for Online Sellers—Again
Updated Nov. 21, 2023 4:03 pm ET
The Internal Revenue Service provided a shock paperwork reprieve to thousands and thousands of Americans as tax-filing season nears, delaying a brand new requirement affecting individuals who promote stuff on eBay, resell live performance tickets, and use cost processors resembling Venmo.
For the second straight 12 months, the IRS postponed enforcement of a regulation that requires these e-commerce and cost platforms to ship the company details about many customers who obtain greater than $600 in income a 12 months.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8