IRS Delays Tax Rule for Online Sellers—Again

The Internal Revenue Service supplied 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 fee processors equivalent to Venmo.

For the second straight yr, the IRS postponed enforcement of a regulation that requires these e-commerce and fee platforms to ship the company details about many customers who obtain greater than $600 in income a yr.