Episode 81: IRS Delays 3-Party Vendor (1099K) Reporting Threshold Change

In this episode:

• Tax extenders will be needed around election time.
• Know the IRA rollover rules.
• Find out the updates on estate and gift tax limits.
• The legal costs for fighting IRS rulings may not be reimbursed.
• The IRS has delayed the 1099K reporting threshold.

Also, we hear the scam story of the Great Diamond Hoax of 1872.

Sources:

The Dollop Podcast Episode 235 https://open.spotify.com/episode/26NdQWRuKDrmk16k80bNlG

Legends of the Old West Episode 3 https://player.fm/series/legends-of-the-old-west-2390488/swindlers-ep-3-the-great-diamond-hoax

Wikipedia https://en.wikipedia.org/wiki/Great_Diamond_Hoax#:~:text=The%20diamond%20hoax%20of%201872,Francisco%20and%20New%20York%20City.