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MetroPlex Business & Tax Services LLC

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Month: January 2023

New 1099-K Requirements Delayed

The IRS has announced a delay in reporting thresholds for third-party settlement organizations that was scheduled to take effect for the upcoming tax filing season. As a result of this delay, third-party settlement organizations will not be required to report tax year 2022 transactions on a Form 1099-K to the IRS or to the payeeRead more about New 1099-K Requirements Delayed[…]

relanetAdmin January 6, 2023 Posted in News No comments

What’s New in 2023

As I’m sure you know, Congress seems to make changes to tax laws just about every year. This year was no exception, so here are a few things related to taxes that you should be aware of as we head into 2023. Some tax credits return to 2019 levels Some tax credits that were adjustedRead more about What’s New in 2023[…]

relanetAdmin January 6, 2023 Posted in News No comments

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