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Gig workers and online sellers to get 1099-K tax forms for the first time due to new $600 threshold

Por: MarketWatch Politics November 26, 2022

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The new approach is due to a provision in March 2021’s American Rescue Plan, which was Democrats’ . It’s expected to raise $8.4 billion over 10 years.  Supporters of the shift say it’s about helping workers document their income so they can later get Social Security and other benefits, while critics have described it as burdensome or a “cash grab.” A group called the has been pushing for Congress to roll back the change to help... + full article



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