Lynn Lambrecht

IRS Guidance on State Payments to Help Taxpayers

The IRS rule update 10 February, 2023 impacting people in 21 states was released. As many of you are amidst preparing your taxes, I’m printing the full release below. Here is the link to the IRS site if you prefer to read it there: https://www.irs.gov/newsroom/irs-issues-guidance-on-state-tax-payments-to-help-taxpayers IR-2023-23, Feb. 10, 2023 WASHINGTON — The Internal Revenue Service […]

IRS Guidance on State Payments to Help Taxpayers Read More »

News You Can Use

This week seemed a good time to pass along news you can use. One thing I enjoy is scouting out for important information! What I uncovered this week is information that may have been missed. Highlights include health insurance, tax incentives/energy rebates, non-compete agreements, and 2022 tax filing delays for Californian’s impacted under federal disaster

News You Can Use Read More »

IRS delays New 1099-K Tax Reporting Requirements

A big announcement was released 12/23/2022. The IRS delays the new 1099-K reporting requirements previously announced for all Venmo, PayPal, Stripe, and other cash app payment sites. This rule applied to any transactions, including part-time work, side hustles and anyone selling goods. Earlier in 2022 it was announced that transactions made through cash app payment sites over

IRS delays New 1099-K Tax Reporting Requirements Read More »

Scroll to Top