T.D. 10053 says payment platforms backup withhold only after a seller tops $20,000 and 200 transactions and a TIN is missing. See the rules.
Recent Taxbytes
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Happy opening day of the 2024 tax filing season, tax pros. While it may not
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As Congress races the clock in negotiations to keep the government fully funded beyond January
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The IRS announced today that the 2024 tax filing season is set to begin on
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Happy New Year, tax pros. How many of you woke up yesterday with all the
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With so much drama in the ERC, it’s kind of hard being denied eligibility. Of
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Treasury’s Financial Crimes Enforcement Network (FinCEN) has finalized its latest beneficial ownership information (BOI) reporting
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If you were looking for something to be thankful for in the convoluted information reporting
