CBS News
•IRS delaying $600 payment reporting rule for PayPal, Venmo and more — again
85% Informative
Th IRS RS d Tuesday mplementation of a 2021 law that requires payment p 2021 orms to send tax forms called 1099-Ks to anyo Venmo o Paypal ed more than $600 in the current tax year.
It's the second consecut more than $600 RS h the current tax year the new the second consecutive year spar IRS significant pushback from online selling platforms such as eBa last yearuntil 2023 lass= Tuesday yFeed_ IRS hLightText__NxlGi">the Associated Press year 2023 Danny Werfel IRSmillions n class="summaryFe the current tax year lGi">1099 eBay IRS Text__NxlGi">one IRS an class="summaryFeed_h tax year 2024 _NxlGi">IRS 600 to $5,000 ">Republican 2021 L American __NxlGi">Etsy apps ay Venmo c Cash App mmaryFeed_highLightText__NxlGi">Pushback 600 ="su a calendar year ightText__NxlGi">200 this year eed_highLightText__NxlGi">over $20,000
VR Score
89
Informative language
90
Neutral language
67
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links