IRS Announces Delay in 1099-K Reporting

National Tax Advisory Group | Prager Metis | Nov 22, 2023

The IRS is delaying fully implementing the lowered 1099-K reporting threshold until 2024. IRS released Notice 2023-74PDF announcing a delay of the new $600 Form 1099-K reporting threshold for 2023. This notice provides a further transition period for the requirement placed on third-party payors by the American Rescue Plan Act (ARP) of 2021. But remember, reporting thresholds don’t impact your tax obligations. Read Brittany Besler’s latest insight, “IRS Announces Delay in 1099-K Reporting,” to learn more and how we can help you.

Prager Metis2023-11-22T14:12:42-05:00

International Services

Aug 26, 2026
Chikara “Ricky” Nagano

ユニタリー・ビジネス判定の実務 ― 米国吉野家 vs カリフォルニア税務当局 ― The Yoshinoya West Case Revisited: Unitary Tax Risks and California’s AB 1790

National Minimum Wage, Work schemes, UK Payroll, Payroll schemes

Featured UK

Aug 17, 2026
Faye Lusted

Salary Sacrifice and National Minimum Wage Compliance: A Hidden Risk for Employers

Salary sacrifice arrangements continue to be a popular way for employers to enhance their benefits offering and support employees in a tax-efficient manner. From pension salary sacrifice to Cycle to Work schemes and electric vehicle arrangements, these benefits can provide meaningful value to employees while also helping employers create more competitive remuneration packages.

Entertainment and Music

Aug 13, 2026
Abi Badmus | Zoe Grant

Social Media Influencers: What Happens After the Income Starts Rolling In

Many social media influencers focus on growing their audience and securing brand partnerships, but success brings more than just increased income. It also comes with important financial, tax, and compliance responsibilities.

International Services

Jul 27, 2026
Chikara “Ricky” Nagano

カリフォルニア州 Water’s-Edge Election 制度廃止の行方 ― AB1790の最新動向 ― The Future of Californiaʼs Waterʼs-Edge Election ―An Update on AB 1790―

カリフォルニア州で提案されている法案AB 1790は、長年続いている「ウォーターズ・エッジ選択（Water's-Edge Election）」を廃止する可能性があるだろうか。Could California's proposed AB 1790 eliminate the long-standing Water's-Edge Election?

International Services

Jul 16, 2026
Andrea Fantozzi

Entering the U.S. Market: Strategic Tax and Structuring Insights for International Businesses

Expanding into the U.S. market? The right tax and structuring decisions can significantly impact profitability, cash flow, compliance, and long-term growth.

International Services

Jul 01, 2026
Chikara “Ricky” Nagano

2026年FIFAワールドカップは、米国の税制についてどのような側面を浮き彫りにするのでしょうか？What does the 2026 FIFA World Cup reveal about U.S.

2026年FIFAワールドカップは、米国の税制についてどのような側面を浮き彫りにするのでしょうか？What does the 2026 FIFA World Cup reveal about U.S. taxation?

IRS Announces Delay in 1099-K Reporting

Share

Related Content

ユニタリー・ビジネス判定の実務 ― 米国吉野家 vs カリ フォルニア税務当局 ― The Yoshinoya West Case Revisited: Unitary Tax Risks and California’s AB 1790

Salary Sacrifice and National Minimum Wage Compliance: A Hidden Risk for Employers

Social Media Influencers: What Happens After the Income Starts Rolling In

カリフォルニア州 Water’s-Edge Election 制度廃止の行方 ― AB1790の最新動向 ― The Future of Californiaʼs Waterʼs-Edge Election ―An Update on AB 1790―

Entering the U.S. Market: Strategic Tax and Structuring Insights for International Businesses

2026年FIFAワールドカップは、米国の税制についてどのような側面を浮き彫り にするのでしょうか？What does the 2026 FIFA World Cup reveal about U.S.

ユニタリー・ビジネス判定の実務 ― 米国吉野家 vs カリフォルニア税務当局 ― The Yoshinoya West Case Revisited: Unitary Tax Risks and California’s AB 1790

2026年FIFAワールドカップは、米国の税制についてどのような側面を浮き彫りにするのでしょうか？What does the 2026 FIFA World Cup reveal about U.S.