IRS extends 1099-K threshold relief: What you need to know

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IRS phases in Form 1099-K threshold at $2,500 in 2025 The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold. Read Now → Join today starting at $6 $4/weekand stay sharply focused on accounting developments, updates, and analysis designed to advance your career. JOIN TODAY AND SAVE OVER 30% IRS could lose another $20B in funding The Treasury is warning Congress that it needs lawmakers to unlock funding for the Internal Revenue Service that could be rescinded due to legislative language. Read Now → IRS catches $2B in tax fraud in 2024 The Internal Revenue Service's Criminal Investigation unit identified over $2.1 billion in tax fraud in fiscal year 2024, according to a new report. Read Now → UNLOCK ACCESS You’re receiving this email because you signed up for Community emails from Accounting Today. If you no longer wish to receive these emails, you can opt out here. To update the emails you want to receive or to unsubscribe, please visit our Email Preference Center. Arizent One State Street Plaza, 27th Floor New York, NY 10004 About | Subscriptions | Contact | Privacy Policy Have questions or concerns? Contact Support Follow us in real time: