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New IRS $600 Tax Rule For 2022 - Be Prepared This Tax Season
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It will effect small businesses that use payment services to sell goods and services - like HardCore Husky. Scoop up some Ebay companies and some underground cash businesses, like home repair and landscaping. Will have no real impact on big business which are reporting their revenue. IRS already has a hard time collecting delinquent taxes from small businesses and individuals who usually settle for a fraction of the amount due.DoogieMcDoogerson said:The funny thing about all this in my mind, isn't this going to disproportionately affect younger people (who are more prone to be liberal). Most conservatives have real jobs.
