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IRS Delays Form 1099-K $600 Reporting Threshold

(JofA) - The IRS announced late in December that it is delaying the new, lower $600 reporting threshold for third-party settlement organizations so that it will not apply to transactions in 2022.


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When to Expect 2023 IRS Income Tax Refunds – Estimated Date Chart for Tax Refunds 
(CPA Practice Advisor) - This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on information we have now, and using projections based on previous years- and depending on when a person files their return.

How to Buy, Sell, and Swap Gift Cards 
(PC Mag) - Do you have a gift card you can't use, or are you having trouble finding a specific card to purchase? You can buy, sell, or swap gift cards on most of these exchange sites.

Retail Sales Jump 7.6% During Critical Holiday Shopping Season 
(Fox Business) - Retail sales jumped despite inflation hitting 7.1% in November

Omnibus Spending Package Passes Without Tax Extenders 
(Accounting Today) - The $1.7 trillion bill contains Secure 2.0, and changes in the Holding Foreign Companies Accountable Act and conservation easement rules, but it's missing some much desired tax breaks.

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At AccountantsWorld, we value the crucial role that YOU play in core business services - accounting and payroll - just as much as you do.

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