Tag Archives: rule

A New Tax Rule To Impact Millions of Small Businesses in 2022

From January 1. 2022, all freelancers, independent contractors, and small business owners who sell various types of products and services will have to follow a new tax rule. As a part of this rule, the IRS will look into their digital payment service accounts, and they’ll need to account for those earnings on their tax returns. All those who accept credit card payments through PayPal, Venmo, Cash App, Zelle, or some other third-party provider, will have to report the income to the IRS.

Up until this new rule was settled, it was up to business owners and freelancers to report all the income they made by selling goods and services to customers, but now this will be under the legislation of the IRS. So, if you receive a minimum of $600 over the year, your payment service will have to…


Source link

GoDaddy boots Texas abortion “whistleblower” site for violating privacy rule

US and Texas flags in front of the Texas state capitol building.
Enlarge / The Texas state capitol.

Getty Images | Bo Zaunders

The Texas Right to Life group will have to find a new hosting provider for its website that encourages people to report violations of the state’s restrictive new anti-abortion law.

GoDaddy took action after Gizmodo reported that Texas Right to Life’s new website, prolifewhistleblower.com, seems to violate a GoDaddy rule that says website operators may not “collect or harvest (or permit anyone else to collect or harvest) any User Content or any non-public or personally identifiable information about another user or any other person or entity without their express prior written consent.” GoDaddy’s terms of service also say that customers cannot use the…


Source link