**IRS Delays Implementation of $600 Form 1099-K Reporting Threshold** The IRS announced a phased approach for the new 1099-K reporting threshold, delaying the $600 limit until 2026. Interim thresholds are set at $5,000 for 2024 and $2,500 for 2025, giving taxpayers and small businesses time to adjust. Boston Financial Advisory Group (BFAG) advises small business owners and g... https://bostonfagroup.com/#/IRS-again-delays-effective-date