The Internal Revenue Service on Friday announced they are delaying new tax-reporting requirements for millions of Americans who made more than $600 of income from e-commerce platforms such as Ebay, Etsy and AirBnB.
PayPal, Venmo, et al are all the intended targets. Though people are beeaching about this and there may be some adjustments. Such as making the threshold higher.
There are approximately 585 billionaires in the US. The IRS has hired 87,000 new agents to crack down on the billionaires. That sounds about right. Nothing to see here.
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