IRS Delays Tax Rule for Online Sellers—Again

The Internal Revenue Service provided a shock paperwork reprieve to hundreds of 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 yr, 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 yr.