30,000,000 More 1099-Ks for the IRS to Use Against You [G...

What this episode covers

According to a new federal report released earlier this week, the IRS is estimated to be receiving 30,000,000 more Forms 1099-K in 2024 than it has averaged in previous, thanks to the lower $600 reporting threshold imposed by the American Rescue Plan Act. In this episode, I go over this report, how to correctly report 1099-K information on your tax return, how I'm preparing as a CPA, and more!

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Frequently Asked Questions

How long is this episode of Tax Relief with Logan Allec, CPA?

This episode is 9 minutes long.

When was this Tax Relief with Logan Allec, CPA episode published?

This episode was published on November 18, 2023.

What is this episode about?

According to a new federal report released earlier this week, the IRS is estimated to be receiving 30,000,000 more Forms 1099-K in 2024 than it has averaged in previous, thanks to the lower $600 reporting threshold imposed by the American Rescue...

Can I download this Tax Relief with Logan Allec, CPA episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.