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the IRS just flipped now the IRS warns of a new 600 threshold thats going to be coming where you have to report on transactions for venmo and PayPal and any side hustles that you have with third-party vendors uh but that all just changed yesterday A lot of people were upset and concerned about what was going to be unfolding here they were saying it was going to be a disaster and the IRS decided just yesterday no stop pause we cannot have this going on this has to be delayed now this just came out Im going to give you all the details Im going to put these articles on the screen read write from them and Im going to link them in the description below so if youd like to read them yourself you can do so and stick with me till the end because take a look at this the Senate snubs the Omnibus amendment that would have raised the limit for issuing the 1099k thats right they wanted to address this in the bill that just passed and it did not make it in but take a look at the headlines all