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Weekly IRS Roundup March 20 – March 24, 2023 | McDermott Will & Emery

IRS delays their taxing of payment app income under $20,000

The IRS was going to send out 1099-K forms to anyone who had more than $600 in a payment app. Now, it's delayed until next year,

IRS News December 26-30, 2022

The IRS and the Treasury announced interim guidance on the corporate stock repurchase excise tax and guidance on incremental cost for Commercial Clean Vehicle Credit. The IRS issued proposed regulations regarding the treatment of some qualified foreign pension funds.

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