The IRS has postponed the $600 Form 1099-K reporting threshold, implementing a phased approach: $5,000 in 2024, $2,500 in 2025, and $600 starting in 2026. This delay gives small businesses and gig workers more time to adjust their tax planning. Boston Financial Advisory Group (BFAG) advises proactive record-keeping, tax preparation, and financial planning to ensure compliance. Stay ah... https://bostonfagroup.com/#/IRS-again-delays-effective-date