Monday November 28m 2022 – Well, the IRS is now WARNING taxpayers about 1099-Ks. Something this channel has been warning about from the beginning of this idea of the Cash App information return requirements found int he American Rescue Plan of 2021.
The reason there for the warning? Many taxpayers will be very surprised this next tax searson. They will receive 1099-K(s) and they will not know what to do with it. They see the trouble brewing.
Attorney Steven A. Leahy reveals the IRS Plans for Business Owners in Today’s Tax Talk.
https://www.irs.gov/newsroom/get-ready-now-to-file-your-2022-federal-income-tax-return
https://www.businessinsider.com/side-hustlers-not-reporting-earnings-at-risk-of-irs-audit-2022-11
Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649
