Reference for this? What's the link? Where did you see this?
I just googled trying to find the actual announcement, because, you know, I just like to read things and understand them for myself ... don't want to get fooled by fake news ... this kind of sounds like it ...
Google search -- nothing. Search of IRS.gov press releases and announcements -- nothing. Search for the first line (since it sounds like a quote, even though it's not in quotation marks) -- the only hit is for this thread.
Does anyone have a link to this announcement, because I can't find anything more recent than February, and that one DOES NOT support what the title of this thread says.
WAIT -- I FOUND IT! (it's not fake news, it's just almost 5 months old)
But it wasn't announced today (Tuesday), it was announced Tuesday Nov 21, 2023. It's about the original announcement back in November. The first line in the original post was from a news article back in November. No new information, nothing about a different threshold for 2025. It does not support what the title of this thread says.
https://rollcall.com/2023/11/21/irs-delays-new-online-sellers-tax-reporting-threshold/
Message 8 of 22