Tester Successfully Pushes IRS To Delay Implementation Of Burdensome 1099-K Reporting Requirement
December 24, 2022
December 24, 2022
WASHINGTON, Dec. 24 -- Sen. Jon Tester, D-Montana, issued the following news release on Dec. 23, 2022:
After urging from U.S. Senator Jon Tester, the Internal Revenue Service (IRS) today delayed implementation of its 1099-K reporting requirement that unnecessarily burdens individual taxpayers using online payment platforms for one year.
"I will always stand up to my own party when they are wrong, and today's news is a big win for Montanans and small businesses,&quo . . .
After urging from U.S. Senator Jon Tester, the Internal Revenue Service (IRS) today delayed implementation of its 1099-K reporting requirement that unnecessarily burdens individual taxpayers using online payment platforms for one year.
"I will always stand up to my own party when they are wrong, and today's news is a big win for Montanans and small businesses,&quo . . .