After Brown's Urging, IRS Delays Implementation of Burdensome Tax Law for Ohio's Entrepreneurs and Small Businesses
November 21, 2023
November 21, 2023
WASHINGTON, Nov. 21 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
WASHINGTON, D.C. - Following demands from U.S. Senator Sherrod Brown (D-OH), the IRS today announced that it will once again delay the implementation of the $600 threshold for individuals and entrepreneurs who receive 1099-K tax forms for another year. IRS announced today that it is moving the threshold to $5,000 for this tax year. Brown has introduced bipartisan legislation to permanently move the . . .
WASHINGTON, D.C. - Following demands from U.S. Senator Sherrod Brown (D-OH), the IRS today announced that it will once again delay the implementation of the $600 threshold for individuals and entrepreneurs who receive 1099-K tax forms for another year. IRS announced today that it is moving the threshold to $5,000 for this tax year. Brown has introduced bipartisan legislation to permanently move the . . .