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Month: October 2025

Form 1099-K threshold reverts to $20,000

October 29, 2025 relanetAdmin

Recent legislation retroactively reinstated the reporting threshold in effect prior to the passage of the American Rescue Plan Act of 2021 (ARPA) so that third party settlement organizations are not […]

Inflation Adjustments for Tax Year 2026

October 29, 2025 relanetAdmin

The Internal Revenue Service has announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Notable changes […]

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