The IRS is now requiring digital payment processors to report businesses making $600 or more a year. So anyone in the US with a patron account making $600 or more a year should probably check into the new rules and see if they apply to you.
New US tax rules for digital payments ($600 a year)
- Thread starter smith66
- Start date
- Apr 18, 2021
- 371
- 795
Fucking love how companies like FedEx, Charter, HP and Nike pay $0 in taxes, but if I sell some old junk or do an odd job online throughout the year then IRS is going to come after me.
