***UPDATE December 23, 2022****The IRS has delayed implementation of the reduced threshold of $600 for third party payment processors to send Form 1099-Ks to payees. “The IRS and Treasury heard a number of concerns regarding the timeline of implementation of these changes under the American Rescue Plan,” said Acting IRS Commissioner Doug O’Donnell. “To help … Continue reading Homeschool Groups: Prepare for new 1099-K reports if you use Paypal, Stripe, Venmo, etc.