Capito Introduces Amendment to Delay 1099-K Tax Change One Year, Foil Democrats' Tax Scheme
December 22, 2022
December 22, 2022
WASHINGTON, Dec. 22 -- Sen. Shelley Moore Capito, R-West Virginia, issued the following news release on Dec. 21, 2022:
U.S. Senator Shelley Moore Capito (R-W.Va.) introduced an amendment to the Fiscal Year 2023 omnibus package to delay the implementation of the tax scheme in the Democrats' American Rescue Plan that lowers the threshold for Americans to receive a 1099-K form from the Internal Revenue Service (IRS) for one year.
"Today I offered yet another solu . . .
U.S. Senator Shelley Moore Capito (R-W.Va.) introduced an amendment to the Fiscal Year 2023 omnibus package to delay the implementation of the tax scheme in the Democrats' American Rescue Plan that lowers the threshold for Americans to receive a 1099-K form from the Internal Revenue Service (IRS) for one year.
"Today I offered yet another solu . . .