IRS tax changes poised to snare gig workers, online sellers

IRS sign outside headquarters

Passage of the American Rescue Plan Act by Congress in 2021 marked one of the top achievements of the Biden administration to date. 

The $1.9 trillion COVID-19 relief bill provided funding for a number of projects across the country, extended financial relief to those still recovering from the impact of the pandemic and amended a section of the Internal Revenue Service tax code, specifically Section 6050W.

It is that last item, the tax code change, that has the IRS and others scrambling to...

https://www.freightwaves.com/news/irs-tax-changes-poised-to-snare-gig-workers-online-sellers

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon