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, \  v  [3 X) Z. l* _# _0 G Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the upcoming tax filing season.Originally, app users who made $600 or more selling goods and services would have been required to report those transactions to the IRS, a new threshold required by the American Rescue Plan passed in March 2021.Instead, payment apps and online marketplaces will send out separate tax forms 鈥?called 1099-K documents 鈥?for taxpayers who receive over $20,000 and make over 200 transactions selling goods or services.For 2024, the basic reporting threshold will be increased from $600 to $5,000, the IRS said.SEE MORE: How cashless payments are transforming the shopping experienceIRS officials say one reason for the delay is tax stanley shop payer confusion over what sorts of transactions a stanley cup re reportable.For instance, peer-to-peer transactions, like selling a couch or car, sending rent to a roommate, and buying concert tickets would not be reportable, whereas other purchases would apply. Taking this phased-in approach is the right thing to do for the purposes of tax administration, and it prevents unnecessary confusion,  IRS Commissioner Danny Werfel said.  Its clear that an additional delay for tax year 2023 will avoid problems for taxpayers, tax professionals and others in this area. This new requirement was delayed last year, as well. We spent many months ga stanley cup thering feedback fro Vxgc Over 10 dead in Texas, Oklahoma and Arkansas after severe weather roars across region
HOUSTON  AP  鈥?A federal  stanley cup judge has rejected a last-ditch Republican effort to invalidate nearly 127,000 votes in Houston. U.S. District Judge Andrew Hanens ruling Monday concerned ballots cast at drive-thru polling centers that were established during the pandemic. The judge s decision to hear arguments on the brink of Election Day drew concern from voting rights activists, and came after the Texas Supreme Court rejected a nearly identical challenge over the weekend.The lawsuit was brought by conservative Texas activists who have railed against expanded voting access in Harris County. Hanen said the opponents to drive-thru centers 鈥?who were represented by former Harris C stanley cup ounty GOP Chairman Jared Woodfill鈥?had no standing to bring a lawsuit. He added that people had already voted and that conservative activists had months to bring a challenge sooner.But Hanen still expressed doubts about whether Texas law allowed anyone to vote from their car, even in a pandemic. If I were voting tomorrow, I would not vote in a drive-thru just out of my concern as to whether thats legal or not,  Hanen said.Another 20,000 or  stanley cup more voters were expected to use drive-thru polling locations Tuesday, said Harris County Clerk Chris Hollins, the countys top elections official. Several voters who already used the drive-thru centers rushed to join mounting opposition to the lawsuit, including a Houston attorney whose wife was 35 weeks pregnant when she cast her ballot. She gave birth to twins Friday.The