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
2 min read
Congress has approved a bipartisan debt limit bill, which avoids a federal government default and
7 min read
No Notice, No Problem The U.S. Supreme Court has backed the IRS on a third-party
2 min read
California Governor Gavin Newsom has signed a retroactive tax relief bill for current and former
4 min read
Happy first Friday after Tax Day, tax pros. You made it. And if you don’t
2 min read
The IRS announced today that taxpayers who filed their federal income taxes earlier in this
3 min read
Happy Friday, tax pros. Once again, we’re wrapping up the week by getting some of
2 min read
The California Franchise Tax Board (FTB) in an e-file news release today is aiming to





