On Tuesday, November 21, 2023, the IRS opted to forego the $600 threshold for issuing Forms 1099-K for business transactions conducted via Venmo, CashApp, etc., opting to implement the forms for transactions exceeding $5,000.
On Tuesday, November 21, 2023, the IRS opted to forego the $600 threshold for issuing Forms 1099-K for business transactions conducted via Venmo, CashApp, etc., opting to implement the forms for transactions exceeding $5,000.
JACKSON
5 River Bend Place, Suite A
Flowood, MS 39232
Tel: (601) 981-6336
GULFPORT
The Peoples Bank Building
1105 30th Ave., Ste.204
Gulfport, MS 39501
Tel: (228) 868-0197