Welcome back: What now on new tax rules for gig workers?

  • by:
  • Source: Politico
  • 01/03/2023
If you decided to essentially check out on tax news a couple days before Christmas — well, you missed a lot.
 

The Democrats’ release of former President Donald Trump’s tax returns last week was front page news around the country. But there have been lots of other tax developments in the last week and a half, too — a trickling outof some guidance for the tax provisions from last year’s Inflation Reduction Act, and an announcement that regulations for new cryptocurrency reporting requirements might still be awhile.

And then there was this, all the way back on Dec. 23: The IRS took matters into its own hands and delayed the new thresholds that would have led to millions more taxpayers receiving tax forms for sales on platforms like eBay or payments made through Venmo.

man driving the bicycle by Kai Pilger is licensed under Unsplash unsplash.com

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