Third-party payment processors like Venmo and PayPal must report business transactions to the IRS if they exceed $600 for the year. The payment apps were previously required to send users a 1099-K form if their gross income exceeded $20,000, or they had 200 separate transactions within a calendar year. But the new threshold is just $600. Critics warn that small businesses and low income and middle-class Americans are targeted. It is a “honey pot for audits.” These changes were created by the American Rescue Act of 2021, despite Joe Biden saying that no one under $400,000 would be targeted by his tax plan. Youtube personality Neil McCoy-Ward explained that this scheme is going to be used to bring in central bank digital currency (CBDC) and 87,000 new IRS hires are slated to force the new tax on the people.
Critics are sounding the alarm on the Internal Revenue Service significantly lowering the threshold for transaction reporting through payment apps, warning the change signals a new level of government overreach that targets small businesses and middle-class Americans.
The IRS issued a reminder last week to taxpayers who utilize third-party payment processors like Venmo and PayPal about changes to reporting income in an updated explainer on their website. These changes created by the American Rescue Act now require platforms to report any transaction over $600.
There is a deadline of December 1, 2023 for countries to opt out of future amendments to the International Health Regulations that are being used to remove power from nation states and transfer it to the WHO.
‘The Fall of Minneapolis’ reveals startling information that was withheld from the public in the George Floyd murder case, including an undercover drug investigation of of Floyd in 2019 and an arrest of Floyd a year prior to his death when he was agitated and said that he could not breathe, but he was not held down.
Chauvin asserts that the jury in his case was biased. There was concern that the protests at the courthouse would become riots unless he was found guilty. Congresswoman Maxine Waters called for protesters to get violent when she said they should ‘get more confrontational’ if there was no guilty verdict.
The police at the Capitol appeared on video pushing a woman down a flight of staris TWICE! And according to the Gateway Pundit’s sources, this brutal display of police abuse ignited the crowd that day.
The state’s Dept. of Health (DOH) can pull people from their homes and quarantine them to stop the spread of communicable disease. The state does not have to prove the individual is sick. The DOH can hold individuals for however long they want; there is no way to get out of lock down unless they get a lawyer and sue.
Police said a five-year-old girl, a woman in her 30s and a man in his 50s sustained serious injuries during a stabbing spree. Bystanders disarmed a man, who is believed to be an Algerian immigrant, and pinned him to the ground while waiting for police. The stabbing was a catalyst for a mass protest in Dublin.
The IMF wrote that CBDC could be “programmable.” and authorities “could restrict where or when it could be spent.” The handbook also recommends “user identification and transaction tracking.”
The Advanced Clean Cars II rule, set to take effect Jan. 1, will make the Garden State the 11th state on such a trajectory, joining California, New York, Vermont, Washington, Oregon, Massachusetts, Virginia, Rhode Island, Maryland and Connecticut.
An unidentified man was driving at a high rate of speed when he hit the center divider and launched into the air. The Bentley caught fire after it crashed. Fox News originally reported that the event was a terror attack and that there were explosives in the car. The story was later retracted.
Last Sunday, in the small rural French village of Crépol, a 16-year-old boy was stabbed in the chest and throat and died, and at least 17 other people were injured after an organized gang of at least 15 males armed with knives attacked people at the annual winter ball event.
A 2018 ruling by the FCC)blocks states and municipalities from taking actions that would impede or delay the rollout of 5G technology. Stamford, Connecticut leasers rejected a model agreement allowing AT&T and Verizon to install 5G equipment on city-owned utility poles, risking a lawsuit from the vendors.
No study has yet proven that HPV vaccines prevent cervical cancer. Some experts questioned the necessity of giving the HPV vaccine to teenage boys. An attorney noted that the Vaccine Injury Compensation Program (VICP) “has paid more than $70 million in damages and awards to children injured by Gardasil.”
Ray Epps was recorded on video numerous times calling for people to enter the Capitol building. Epps was charged two and a half years after the protest at the Capitol with a class A misdemeanor for disorderly conduct on restricted grounds; he pleaded guilty. He will be sentenced on December 20, 2023.
Dutch politician Thierry Baudet has been hospitalized after he was attacked at a campaign event by a man who hit him repeatedly on the head and neck with a beer bottle. The incident was the second attack on Baudet in recent weeks, and took place two days before a general election.
Bayer was ordered to pay $1.65 billion to three plaintiffs who were diagnosed with non-Hodgkin lymphoma that they alleged was caused by using Roundup pesticide on their family property. Bayer purchased Monsanto in 2018 and maintains that Roundup is safe for human use.
Argentina has 140% inflation and 40% of the country lives below the poverty line. Javier Milei has just been elected president. Mr. Milei has pledged to close Argentina’s central bank and replace the nation’s currency with the US dollar.
CRISPR is celebrated as a cheap and easy way to edit genes. However, a long series of papers has been published detailing the unintended effects of CRISPR gene editing, which has been found to produce many types of serious unintended DNA damage, including mutations and deletions.
The Israeli Defense Force (IDF) killed Israeli Nova music festival attendees near the Gaza border while aiming for Hamas militants during the attack on October 7, according to an Israeli police investigation.
Classified Ads
The appearance of ads on this site does not signify endorsement by the publisher. We cannot vouch for accuracy of statements or integrity of advertisers. We will investigate complaints, however, and remove any message we find to be misleading or that promotes anything fraudulent or unethical. For ad rates, click here.
Health
Learn Natural Medicine practice at home! There is NO Freedom without Health Freedom. There is NO Health Freedom without Informed, Voluntary Consent. There is no informed consent without education and understanding. SomaVeda College of Natural Medicine, Thai Yoga Center provides you and your family with spiritually based natural health education. ThaiYogaCenter.Com or SomaVeda.Org.
Health with space-age technology and Quantum physics. For people and all animals. No medication! Available world wide! Contact us at [email protected]. For principals and testimonials please visit our website. www.Healthytherapy.com
The Heavenly Handbook of Health. “WOW! U want FeedBack? So far I am floored. If I’ve learned anything about you since we met; this book has the potential to be a blockbuster.” Read 18pg Teaser @ HeavenlyHandbookofHealth.com Simple, incredible, affordable health – any age!
JWLABS – Building fine Rife frequency instruments in the USA since 1987.
We offer customer support and an exceptional warranty. Learn why all households and clinics should employ this device. Call us at 888-891-1122 to discuss the many benefits. www.rifemachine.com
G. Edward Griffin’s blood pressure dropped to healthy levels and stayed there after using Cardio Miracle, a nitric-oxide booster containing a blend of ingredients that supports the body’s natural defense against heart disease, atherosclerosis, cancer, diabetes, Alzheimers, and more. If you are over 40, you really should check this out.
Income
Free Report: Three Major Shifts That Signal Risks to Your Investments Are Headed Higher. Including the one action every investor should take right now to protect their portfolio against significantly rising risks. http://BuyAndStoreGold.com/pl-geg/
Ultimate Wealth Building Guide reveals 5 steps to create your own banking system to achieve lifetime financial security, certainty, and peace of mind in 60 days. Discover how to build and grow lasting wealth safely and predictably, regardless of market and economic cycles. www.mywealthwarehouse.com
Make money on money you are already spending. Join the world’s largest shopping network. Eleven-year-old company in 46 countries. Info and free membership. www.freedombuildersinternational.com
Money & Banking
Applied Knowledge Conquers the Future. Learn what you can do to start preparing for the inevitable financial crisis! The cost of ignorance is fatal. Don’t get left behind! Empower yourself with education!http://www.WealthControlResources.com
Lawful 100% income tax avoidance: a right recognized by IRS and Supreme Court. Request free report: [email protected] or find NoThanksIRS on FB/Twitter.
Need to Know
Anxiety Publishing – providing more satisfying novels to the conscious community, stories based in a real world, not the illusion of the establishment. Promote your precious novel with your fellow authors and help build a collection of future classics. anxietypub.com
Being informed is not enough. Knowledge, by itself, is not power, but it holds the potential for power if used as a guide for action. Truth can be overpowered by tyranny only if we fail to enter the battle. The future belongs, not to ideas, but to people who act on those ideas. If you truly want to make a difference in the world, Freedom Force International awaits you.
For Sale
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
Authorities have stopped talking about the ‘programmability’ of CBDC that would allow the issuer to set limits and controls over its use. Any CBDC would give a third party like the state, the central bank or the corporation issuing the money as wages the power to control how and where the money is spent.
Joe Biden’s Inflation Reduction Act allocated $80 billion for the IRS. Currently, 90% of IRS audits target the middle class. The IRS plan intends to hire nearly 20,000 new full-time employees during the 2023 and 2024 fiscal years, including 8,782 hires in enforcement and 13,883 in taxpayer service.
Subscribe
4 Comments
Oldest
NewestMost Voted
Inline Feedbacks
View all comments
MJRaichyk
11 months ago
Doesn’t this absurd PAPERWORK involved in the $600 trigger on IRS tax paperwork, VIOLATE the EXCESSIVE PAPERWORK LAW…?? ttyl
mjs
11 months ago
the 1099-K form violates the paperwork reduction act for not have a proper and valid OMB number. The OMB is and has been used for 20 plus years. Normal and lawfully OMB numbers can only be used for 3 years by law.
Vick
11 months ago
This is going to hurt a lot of Americans just trying to make ends meet after losing their jobs during the pandemic, etc.
Jimbo
11 months ago
CBDC (FedCoin) will administer exactly like a “government credit card” on a choke-leash, once introduced to acceptance by enough people..
..This bridge must never be crossed, no matter how initially “convenient” to use. Our 10’th Amendment guarantee of our states and citizens “ultimate sovereignty” will effectively be abolished.
Doesn’t this absurd PAPERWORK involved in the $600 trigger on IRS tax paperwork, VIOLATE the EXCESSIVE PAPERWORK LAW…?? ttyl
the 1099-K form violates the paperwork reduction act for not have a proper and valid OMB number. The OMB is and has been used for 20 plus years. Normal and lawfully OMB numbers can only be used for 3 years by law.
This is going to hurt a lot of Americans just trying to make ends meet after losing their jobs during the pandemic, etc.
CBDC (FedCoin) will administer exactly like a “government credit card” on a choke-leash, once introduced to acceptance by enough people..
..This bridge must never be crossed, no matter how initially “convenient” to use. Our 10’th Amendment guarantee of our states and citizens “ultimate sovereignty” will effectively be abolished.