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Tax and financial planning news from around the web: November 21 – 25, 2022

Written on Nov 21, 2022

The obstacle comes from a revised portion of the tax code included in President Biden’s American Rescue Plan of 2021, which requires sellers to report transactions over third-party networks that exceed $600 — a considerable shift from the previous $20,000 threshold. 

Lennon and McCartney held our hands. The Wright Brothers gave us wings. Astaire and Rogers taught us to dance. The secret to a successful partnership comes down to trust and a proven process, and that's true for CPAs who partner with financial advisors.