Rep. Miller: IRS Commissioner Admits 1099-K Threshold Should Change Back to $20,000
April 28, 2023
April 28, 2023
WASHINGTON, April 28 -- Rep. Carol Miller, R-West Virginia, issued the following news release:
Congresswoman Carol Miller (R-WV) questioned the Internal Revenue Service (IRS) Commissioner Daniel L. Werfel at a Ways and Means Committee hearing on her 1099-K bill, Saving Gig Economy Taxpayers Act. During the hearing, Commissioner Werfel admitted that Congress should raise the 1099-K threshold to its original standard of $20,000 and 200 separate transactions instead of the Biden Admini . . .
Congresswoman Carol Miller (R-WV) questioned the Internal Revenue Service (IRS) Commissioner Daniel L. Werfel at a Ways and Means Committee hearing on her 1099-K bill, Saving Gig Economy Taxpayers Act. During the hearing, Commissioner Werfel admitted that Congress should raise the 1099-K threshold to its original standard of $20,000 and 200 separate transactions instead of the Biden Admini . . .