Last Updated: December 2024 The IRS has announced major changes to Form 1099-K reporting requirements for 2024, lowering the threshold to $5,000. Whether you’re a small business owner, freelancer, or gig worker, these new tax reporting requirements will affect how you report income from PayPal, Venmo, Cash App, and other payment platforms. Key Highlights of […] Read more “2024 IRS 1099-K Rules: Complete Guide to the New $5,000 Reporting Threshold”