IRS rule on reporting payments from apps, online sales in 2023 DELAYED!!
Payment platforms, like Venmo and CashApp, and online marketplaces, like Esty and Fiverr, were supposed start reporting payments to the IRS for users who sold over $600 in goods and services during 2023.
That income was to be reported on a Form 1099-K. And, it would have meant many creators would several additional tax forms for transactions…