The OBBBA just reset the rules. Quick Tax Tip With Art Werner CPE Today For the last several years, tax professionals, small businesses, and even casual online sellers have been living through what Quick Tax Tip host Art Werner calls “a fun roller coaster ride” —if you think tax compliance roller coasters are fun. In this episode, Werner breaks down the whiplash-inducing changes to Form 1099-K and the brand-new thresholds for 1099 reporting, and explains how Congress, the IRS, and a long list of confused taxpayers all contributed to the mess. Click here for more Art Werner If you accept payment cards or use third-party payment processors such as PayPal, Venmo, Square, or Stripe, you may already know this story.
