The IRS has delayed the implementation of the $600 reporting threshold for Form 1099-K until the 2026 tax year, with a phased approach starting in 2024. This gives small businesses and gig economy workers time to prepare for more detailed income reporting. Taxpayers should review their payment systems, track all income sources, and consult with financial advisors to ensure compliance.... https://bostonfagroup.com/#/IRS-again-delays-effective-date