IRS Holiday Cheer? One-Year Vacation From 3rd-Party Platforms Reporting On $600 Or More Payments

The Internal Revenue Service isn’t generally a source of good news, but on Friday it spread holiday pleasure by giving Americans who make extra money selling used items on eBay a one-year vacation from an onerous reporting requirement. The mandate’s repeal by Congress would have been preferable. Previously, only taxpayers with at least 200 transactions […]