The IRS has issued a one-year delay for the 1099-K tax reporting change, applying to business transfers over $600. Here’s what taxpayers need to know.
Tax professionals and consumers are likely to cheer the delay, which means the pre-2022 threshold of $20,000 for more than 200 transactions applies for now.
Shares of Roblox fell in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for revenue.
The ruling is a significant blow to Donald Trump and his three adult children named in a sweeping lawsuit brought by the New York attorney general.
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