The Guardian
There’s a new tax rule for US small business owners. What to make of it?
The IRS will look into the digital payment service accounts of small businesses, freelancers and independent contractors Buried in the American Rescue Plan Act of 2011 is a change that will affect millions who use digital payment services. Photograph: Susan Walsh/AP A new tax rule will impact millions of small businesses in 2022. You can thank one small change buried in the American Rescue Plan Act of 2021. Let’s suppose you’re a small business owner or freelancer, and you get paid from a digita
