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But the question over the color of Jesus’ skin is a serious one this Easter, for two reasons. But there are some who say Jesus’ color should stay the same, or that it doesn’t matter at all. He concedes that there are barriers to worshipping a White Jesus that he, a White man, may not understand. Jesus didn’t simply care about the poor, he was poor.”Cleveland tells CNN that people who say Jesus’ color wasn’t important ignore history. She says the experience taught her how much White Christian nationalism and the White Jesus have merged.
Persons: CNN — Christena Cleveland, Thomas ”, Jesus, , Cleveland, Thor, , Jesus didn’t, Megyn Kelly, , Trump, Donald Trump, Al Drago, Gentile, Warner, he’s, Sallman, Edward J, Blum, Jesus Christ, Mario Tama, Christina L, Barr, ” Barr, he’d, coon, ” Antony Pinol, Pinol, God, Jesus doesn’t, ” Pino, Jeff Hutchens, Albert Cleage, George Floyd, Black, Dante Stewart, ” “, ” Stewart, James Cone, Toni Morrison, White, ‘ ’ Blum, MAGA, White MAGA Jesus, Paul Weaver, Drew Angerer, Jesus ’, Frederick Buechner, John Blake Organizations: CNN, Cleveland, TSA, Fox News, Bloomberg, Getty, CARE, New York Times, Christ, America, Communist Party, Warner, Republican Party, Black Tea News, Pennsylvania State Capitol, Christianity Locations: Cleveland, Hollywood, barbershops, Santa Claus, America, White, Avoca , Pennsylvania, Israel, Port, Prince, Haiti, Africa, Dillon , South Carolina, Asia, Southern, Eastern Europe, Rome, Harrisburg , Pennsylvania, Gaza, New York City
There is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say. A single ticket sold in New Jersey won the game's fifth-largest grand prize after matching all six numbers drawn Tuesday night, Mega Millions announced Wednesday. The final jackpot dropped from an estimated $1.13 billion to $1.128 billion based on actual ticket sales. The lucky winner will choose between two options: an annuitized prize worth $1.128 billion or a lump-sum payout of $536.6 million cash. New Jersey taxes prizes over $10,000 and the winner will owe millions to the state, including a mandatory withholding, on top of their federal tax bill, he said.
Persons: Albert Campo Organizations: Mega, Finance, AJC Accounting Services Locations: New Jersey, Manalapan , New Jersey . New Jersey, California, Florida , New Hampshire, South Dakota , Tennessee , Texas, Washington and Wyoming
Gold-leafed books with engravings, 200-year-old leather-bound books, books so rare and precious they are wrapped carefully in cellophane before being nestled into place inside an antique wooden box set on the Seine’s stony shoulder for students, intellectuals, power brokers and tourists to browse. For centuries, the wooden bookstalls have been a fixture in the heart of Paris, and so when the city’s police, citing security concerns, ordered them closed during this summer’s Olympic Games, an uproar ensued. Now President Emmanuel Macron has stepped in. In a decision that resounded across the city this week, Mr. Maron deemed the booksellers “a living heritage of the capital” and said they could stay. It began with a citation from Albert Camus: “Everything that degrades culture shortens the paths that lead to servitude.”
Persons: Emmanuel Macron, Maron, , Albert Camus, Organizations: Games, Le Monde Locations: cellophane, Paris, Le
BURMA SAHIB, by Paul TherouxGeorge Orwell died of tuberculosis in 1950, at the age of 46. The word “Orwellian” is as omnipresent as “Kafkaesque.” His two dystopian novel-allegories — “Animal Farm” and “1984” — have sold in the millions around the world. Almost everything that Orwell wrote seems to be in print. But there is one area of his life that is relatively unexplored and full of baffling gaps, not to say mystery. He was still several years removed from becoming “George Orwell” by adopting the nom de plume that would carry his legacy.
Persons: Paul Theroux George Orwell, Shakespeare, Winston Churchill, , Albert Camus, Henry David Thoreau, Walt Whitman, Tolstoy, Orwell, Eric Blair, “ George Orwell ”, Paul Theroux Organizations: Eton College Locations: BURMA, Britain, British, Burma, Myanmar
Fondation Foujita/Artists Rights Society, New York/ADAGP, Paris/Christie's/Bridgeman Images/Courtesy Barnes FoundationA portrait of Marie Laurencin by Man Ray, 1925. Fondation Foujita/Artists Rights Society, New York/ADAGP, Paris/Bridgeman Images/Courtesy Barnes Foundation"The Woman-Horse (La femme-cheval)," from 1918. Fondation Foujita/Artists Rights Society, New York/ADAGP, Paris/Courtesy Barnes FoundationBut as definitions of femininity have expanded in recent decades, so too has appreciation for Laurencin’s idyllic, women-only world. She often titled her portraits of women “Friends” or “Two Friends,” leaving the exact nature of their intimacy unclear. It’s almost like a radical utopia… a world of women, for women, by women,” Kang said.
Persons: peintre, modèle, Christie's, Marie Laurencin, Man Ray, CNN — Marie Laurencin’s, , Pablo Picasso, Georges Braque —, Simonetta Fraquelli, ” Fraquelli, , Laurencin, Cindy Kang, Barnes, Francisco Goya, Kang, don’t, , Académie Humbert, wasn’t, Rachel Silveri, Adrienne Monnier, airheads, Mademoiselle Chanel, — Picasso, Jean Cocteau, Paul Rosenberg —, Coco Chanel, Maud “ Emerald, Jacques Faujour, Dove ”, Nicole Groult, “ It’s, ” Kang, Natalie Clifford Barney, Gertrude Stein, Berenice Abbott, Otto von Waetjen, Guillaume Apollinaire, Suzanne Moreau, , Musée de, Herve Lewandowski, — Laurencin, Marshal Philippe Pétain, Moreau, Masahiro Takano, Albert C, hasn’t, we’ve Organizations: Foujita, Artists Rights Society, CNN, grays, Barnes Foundation, Palais, Art, Fraquelli, Groult, Museum, Marie, Marie Laurencin Museum Locations: New York, ADAGP, Paris, Philadelphia, Sapphic Paris, Spain, Musée de l'Orangerie, Vichy France, Japan, Tateshina, Japan’s Nagano, Tokyo,
However, you may still owe taxes if you made a profit on resold Taylor Swift tickets, experts say. While third-party payment apps won't report as many business transactions to the agency this year, you are still required to pay taxes on profits, including resold concert tickets. "The big thing this past year was selling Taylor Swift concert tickets," said certified financial planner Tommy Lucas, an enrolled agent at Moisand Fitzgerald Tamayo in Orlando, Florida. 'If you want to follow the law ... report it'Ticket profits have always been taxable, and this may affect those who resold Taylor Swift concert tickets this summer. Keep copies of your purchase receipts for goods you later resell, such as those Taylor Swift tickets, since tax liability will be based on your sales proceeds minus the original purchase price.
Persons: Taylor Swift, Buda Mendes, tas23, Tommy Lucas, Moisand Fitzgerald Tamayo, Swift, Taylor, Lucas, James Guarino, Baker Newman Noyes, it's, Albert Campo Organizations: Getty, IRS, PayPal, TicketMaster, Accounting Services, CNBC Locations: Orlando , Florida, Boston, New Jersey
In the Middle of a War With No End in Sight
  + stars: | 2023-11-21 | by ( Caroline Alexander | ) www.nytimes.com   time to read: +1 min
NOVEMBER 1942: An Intimate History of the Turning Point of World War II, by Peter Englund. Translated by Peter Graves. “This is a book about November 1942,” the Swedish economist and historian Peter Englund explains in his introductory note to the reader, “the month that marked the turning point of the Second World War.” November 1942 was the month that brought the Allies hard-fought victories in North Africa and inspired Churchill to say that the war had reached “the end of the beginning.”Englund’s approach to the subject is more or less the same as it was when, more than a decade ago, he used the diaries and memoirs of people who lived and survived during an earlier conflict to compose his acclaimed account, “The Beauty and the Sorrow: An Intimate History of the First World War.”“If you are wondering what I’ve added,” Englund writes, somewhat sternly, of his new book, “the answer is: nothing.” Apart from footnotes, then, all information — every detail of every day — is drawn from these records of personal experience. An “intimate history” does “not attempt to describe what the war was during these four critical weeks,” he explains, “but will try to say something about how it was.”Some of the 39 writers he has selected are well-known figures — Albert Camus; the Soviet journalist Vasily Grossman; the Australian surgeon captured by Japanese forces, Edward “Weary” Dunlop; the English pacifist and nurse Vera Brittain; the British war poet and tank driver Keith Douglas — but most are relatively obscure.
Persons: Peter Englund, Peter Graves, Churchill, , ” Englund, , — Albert Camus, Vasily Grossman, Edward “ Weary ” Dunlop, Vera Brittain, Keith Douglas — Locations: Swedish, North Africa, Soviet
Arik Armstead of the San Francisco 49ers at the NFC Championship game against the Philadelphia Eagles on Jan. 29, 2023. While the pay stub showed gross earnings of more than $4 million year to date, experts say it holds lessons for everyday taxpayers. While it's possible to withhold less than you'll owe, you could risk underpayment penalties on top of a sizable income tax bill in April. Max out your 401(k) to save on taxesIn addition to significant tax withholdings, Armstead also maxed out his workplace retirement plan for 2023. But you can reduce your adjusted gross income with pre-tax 401(k) contributions, experts say.
Persons: Arik Armstead, Kevin Sabitus, Sam, Armstead's, Albert Campo, Armstead, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, Armstead's withholdings, John Loyd, Max Organizations: San Francisco 49ers, NFC, Philadelphia Eagles, Getty, Finance, Social Security, AJC Accounting Services, CFP Locations: Manalapan , New Jersey, California, Orlando , Florida, Florida, Texas, Fort Worth , Texas
He is the author of many books, including “American Islamophobia: Understanding the Roots and Rise of Fear.” You can follow him at his socials at @khaledbeydoun. Like him, I’m an Arab, Muslim and American — an amalgam of identities that conjures up “pariah” in the world we live in. What does it mean for a mother who escaped war for the safety of an American suburb? This existential ballad of being Arab or Muslim in America is far more onerous, far more absurd. Wadea’s death foreshadows that these figures may spike again, and descend on the heads of Arab and Muslim Americans shadowed by suspicion.
Persons: Khaled A, Arizona State University Sandra Day, , Abed Ayoub, Beydoun Marwan Thoaubi, Abed, I’m, , Fayoume, ” Rather, ” Wadea, Wadea’s, Jean Paul Sartre, Albert Camus, Donald Trump’s, , Carl Jung Organizations: Arizona State University, Arizona State University Sandra Day O’Connor College of Law, CNN, White, Al, Ahli Baptist Hospital Locations: @khaledbeydoun, American, Gaza, Ahli, Illinois, United States, America, China, India, France, Washington, Chicago
Back then, no one knew what the ocean floor looked like — until one woman used her many talents to find out. When she reflected on her life, geologist Marie Tharp recollected being able to fill in the blanks of the ocean floor, which she saw as a fascinating jigsaw puzzle. Their final project together was the World Ocean Floor Map. The Heezen-Tharp “World Ocean Floor” map painted by Heinrich Berann. Marie Tharp Maps, LLCAfter Heezen's death, organizations that had hired him and Tharp to work on projects reassigned them.
Persons: didn't, Marie Tharp, Marie Tharp recollected, Tharp, Columbia University's, Lamont, Alfred Wegener's, Wegener, he'd, Bailey Willis, Willis, Bettie Higgs, Maurice Ewing, Roberta Eike, Tharp didn't, they'd, Bruce Heezen, Frank Albert Charles Burke, Heezen, Howard Foster, she'd, Ewing, Jacques Cousteau, Cousteau, Marie Tharp's, Heinrich Berann, you'd, It's, Hali Felt, Higgs, Society's Hubbard, Mary, Abraham Lincoln, Thomas Edison, George Washington Organizations: Service, Columbia, Columbia University's Lamont Geological Laboratory, University of Michigan, Columbia University, Lamont, Fairfax Media, Getty, US Navy, Oceanographic Conference, ABC, Disney, Entertainment, National Geographic, Mary Sears Woman, Oceanography Locations: Wall, Silicon, German, American, Lamont, Massachusetts, Nova Scotia , Massachusetts, France, Gibraltar, United States
Inside Elorea, a sleek new Korean perfumery in Manhattan’s NoLIta neighborhood, whose name is a portmanteau of “elements” and “Korea,” you will find paintings and pottery by Korean and Korean American artists, a cafe offering a chocolate and perfume pairing and shop attendants dressed entirely in black, eager to explain the brand’s gender-neutral fragrance collections. “Even though I’ve never heard of a Korean perfume brand, I just figured it’s going to be on another level,” said Albert Chun, 36, a customer whose parents immigrated from Seoul to Oakland, Calif., in the mid-1980s. “We’re such proud people,” he added with a half-laugh. “In our heads, in everyone’s heads, Korea is the capital of the world in terms of beauty,” said Wonny Lee who, along with his wife, Su min Park, founded Elorea as an online perfumery business last year.
Persons: I’ve, , Albert Chun, , Wonny Lee, Su Locations: Manhattan’s NoLIta, “ Korea, , Korean American, Korean, Seoul, Oakland, Calif, everyone’s, Korea
Gauff beats Muchova to win Cincinnati Open
  + stars: | 2023-08-20 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Aug 19, 2023; Mason, OH, USA; Coco Gauff, of the United States, celebrates after defeating Iga Swiątek, of Poland, in their semifinal match at the Western & Southern Open at the Lindner Family Tennis Center. Mandatory Credit: Albert Cesare-USA TODAY Sports Acquire Licensing RightsAug 20 (Reuters) - Coco Gauff beat Karolina Muchova 6-3 6-4 to win the biggest title of her young career at the Cincinnati Open on Sunday and extend her outstanding run of form on North American hard courts ahead of the U.S. Open. Gauff had some trouble getting over the finish line, failing to convert three match point opportunities while serving at 5-2 thanks to some tentative groundstrokes. But on her next chance to serve for the title she did not falter, Muchova's return landing wide as Gauff jumped up and down in jubilation. Reporting by Rory Carroll in Los Angeles Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
Persons: Coco Gauff, Iga Swiątek, Albert Cesare, Karolina Muchova, Muchova, Gauff, Iga Swiatek, Rory Carroll, Toby Davis Organizations: & Southern, Lindner, Tennis Center, Cincinnati, U.S ., Wimbledon, Flushing, Washington D.C, Canadian, Thomson Locations: Mason, OH, USA, United States, Poland, Czech, Ohio, jubilation, New York, Flushing Meadows, Washington, U.S, Los Angeles
Alcaraz to face Djokovic for Cincinnati title
  + stars: | 2023-08-20 | by ( ) www.reuters.com   time to read: +4 min
Hurkacz, who narrowly lost to Alcaraz in the quarters of the Canadian Open, raced out to a 3-0 lead as Alcaraz mixed dazzling shotmaking with some head-scratching errors in the entertaining first set. Hurkacz captured the opener when he broke Alcaraz for a second time and had match point in the second set while returning serve and leading 5-4 but misfired on a forehand. Alcaraz drew Hurkacz to the net with a drop shot and then fired a sensational cross court winner to set up the tiebreak. A perfectly executed volley on his first match point delivered Alcaraz into his eighth final of the year and despite spending more than 10 hours on the court this week, he said he feels fresh. Djokovic, who won the Masters 1000 tournament in 2018 and 2020, has played Alcaraz three times.
Persons: Carlos Alcaraz, Hubert Hurkacz, Albert Cesare, Novak, Max Purcell, Hurkacz, Alcaraz, I'm, DJOKOVIC, ZVEREV, Alexander Zverez, Zverez, Djokovic, Rory Carroll, Deepa Babington, Kim Coghill Organizations: & Southern, Lindner, Tennis Center, Cincinnati, Spanish, England, Canadian, Spaniard, Wimbledon, Thomson Locations: Mason, OH, USA, Spain, Poland, Ohio, Madrid, Los Angeles
Gauff stuns Swiatek to reach Cincinnati final
  + stars: | 2023-08-19 | by ( ) www.reuters.com   time to read: +2 min
Mandatory Credit: Albert Cesare-USA TODAY Sports Acquire Licensing RightsAug 19 (Reuters) - Coco Gauff beat world number one Iga Swiatek for the first time in eight meetings on Saturday to advance to the Cincinnati Open final as the American teenager's level continues to rise ahead of the upcoming U.S. Open. Gauff served big and played sensational defense en route to a 7-6(2) 3-6 6-4 win over the 22-year-old Pole and will face either world number two Aryna Sabalenka or Czech Karolina Muchova in Sunday's final. Gauff leapt into the air and pounded her chest as the crowd erupted after she secured the hard-fought victory. "I knew playing her was going to be tough, nothing was going to be given to me today," she told Tennis Channel. Reporting by Rory Carroll in Los Angeles, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Coco Gauff, Iga Swiątek, Albert Cesare, Gauff, Czech Karolina Muchova, Rory Carroll, Pritha Sarkar Organizations: & Southern, Lindner, Tennis Center, Cincinnati, Tennis, Wimbledon, Washington DC, Canadian, WTA, Thomson Locations: Mason, OH, USA, United States, Poland, Czech, U.S, Washington, Los Angeles
[1/2] Aug 15, 2023; Mason, OH, USA; Taylor Fritz, of the United States, reacts to scoring a point against Jiri Lehecka, of Czech Republic, during the Western & Southern Open at Lindner Family Tennis Center. Mandatory Credit: Albert Cesare-USA TODAY Sports Acquire Licensing RightsAug 15 (Reuters) - Defending champion Borna Coric battled past American Sebastian Korda 7-6(5) 6-4 in the Cincinnati Open first round on Tuesday, as Taylor Fritz survived a first-set thriller to beat Czech Jiri Lehecka 7-6(14) 6-2. Korda, who has suffered a handful of early exits since reaching the Queen's Club semi-finals, appeared to have the edge as he converted a break point in the third game. Earlier on Tuesday, top American Fritz mustered all of his resources in an epic 30-point first set tiebreak with Lehecka. The momentum belonged to Fritz in the second set, though, when he never faced a break point and won all but one of his first-serve points.
Persons: Taylor Fritz, Jiri Lehecka, Albert Cesare, Borna Coric, Sebastian Korda, Czech Jiri Lehecka, Croatian Coric, Korda, Coric, Hubert Hurkacz, Fritz, Monte, Amy Tennery, Ken Ferris Organizations: & Southern, Lindner, Tennis Center, Cincinnati, Monte Carlo, Thomson Locations: Mason, OH, USA, United States, Czech Republic, Czech, Croatian, Toronto, Cincinnati, New York
[1/3] Writer Milan Kundera is pictured in Prague, former Czechoslovakia, May 6, 1963. CTK Photo/Frantisek Nesvadba via REUTERSPRAGUE, July 12 (Reuters) - Czech-born writer Milan Kundera, author of the novel "The Unbearable Lightness of Being" who lived nearly five decades in Paris after emigrating in disillusionment from his Communist-ruled homeland, has died at the age of 94. French Prime Minister Elisabeth Borne said Kundera was "a writer and a voice that we will miss". "Milan Kundera's work is at the same time a deep, human, intimate and distant exploration," she said. Fellow Czech writer Karel Hvizdala told Czech Television he saw his friend last November and he was already in poor health.
Persons: Milan Kundera, Frantisek Nesvadba, Kundera, Petr Fiala, Petr Pavel, Pavel, Elisabeth Borne, Milan, Karel Hvizdala, Albert Camus, Daniel Day, Lewis, Juliette Binoche, Philip Kaufman, Timothy Garton Ash, Monde, Paris Mayor Anne Hidalgo, Czechoslovakia's, Jan Lopatka, Robert Muller, Elizabeth Pineau, Tassilo Hummel, Michael Kahn, Jason Hovet, Toby Chopra, Kevin Liffey, Mark Heinrich, Nick Macfie Organizations: CTK, REUTERS, Moravian, Prague Spring, Czech Television, Czechoslovak Communist, New York Times, Oxford University, Paris Mayor, Czechoslovakia's Communist, Thomson Locations: Prague, Czechoslovakia, REUTERS PRAGUE, Czech, Paris, Brno, France, Communist Czechoslovakia, Czechoslovak, Europe, Central Europe, French, Western
Amazon's Albert Cheng Celebrates His Asian Heritage
  + stars: | 2023-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's Albert Cheng Celebrates His Asian HeritageFor Asian American Pacific Islander Heritage Month, Amazon's Albert Cheng says he's happy to see the Asian community's voice growing louder and prouder.
Horse racing-Kentucky Derby favourite Forte scratched from race
  + stars: | 2023-05-06 | by ( ) www.reuters.com   time to read: +2 min
Mandatory Credit: Albert Cesare-USA TODAY SportsMay 6 (Reuters) - Early favourite Forte has been scratched from the Kentucky Derby hours before post time for the first leg of U.S. thoroughbred racing's Triple Crown due to concerns about a bruised front foot, Churchill Downs said on Saturday. The Todd Pletcher-trained dark bay colt had brought a five-race win streak to the 1-1/4-mile Kentucky Derby at Churchill Downs and was installed as the early 3-1 favourite. The decision to scratch Forte, who appeared to stumble during a gallop earlier in the week, was made by the Kentucky Horse Racing Commission state veterinarian. Forte was the fifth horse to scratch from Saturday's race, joining Practical Move, Lord Miles, Continaur and Skinner. The last time five horses were scratched from the Kentucky Derby was 1936 when 19 horses entered the race and 14 ran.
CNN —Mage won the 149th Kentucky Derby at Churchill Downs in Louisville, Kentucky, on Saturday. “It took me a little while to get there, to finally get it.” The victory was the first at the Kentucky Derby for Castellano in 16 attempts. Albert Cesare/USA Today/ReutersPrior to the Kentucky Derby, Mage only had one victory in three career starts. He’s the second horse to die today at the track, making it an appalling seven deaths in advance of the Kentucky Derby. They should play ‘Taps’ at the Derby instead of ‘My Old Kentucky Home.’”Correction: A previous version of this story misstated the location of Churchill Downs.
Leaders at four health systems shared how they use AI to manage emails or help doctors take notes. Some health systems also have experimented with using AI to help diagnose disease. But health systems are generally cautious about deploying the technology in clinical care, where the stakes are higher. Here's how four healthcare systems are using AI to tackle some of their biggest challenges. Sutter Health is using AI to manage patients' messagesDr. Albert Chan, the chief digital health officer at Sutter Health.
People shop at the newly opened Amazon Go Store on May 07, 2019 in New York City. The cashier-less store, the first of this type of store, called Amazon Go, accepts cash and is the 12th such store in the United States located at Brookfield Place in downtown New York. Amazon did not alert its New York City customers that they were being monitored by facial recognition technology, a lawsuit filed Thursday alleges. The lawsuit says that Amazon only recently put up signs informing New York customers of its use of facial recognition technology, more than a year after the disclosure law went into effect. Perez is represented by the Surveillance Technology Oversight Project, a legal advocacy group devoted to New York privacy protections.
The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.
Its software helps Ukraine target, for instance, tanks and artillery, a Palantir spokesperson said. The company, whose co-founders include Karp and investor Peter Thiel, has opened an office in Ukraine. "There are huge ethical issues on the battlefield," he said at an event Palantir hosted in Palo Alto. Japan is a "very high priority" market for Palantir including in defense, another Palantir official, Kevin Kawasaki, said in an interview. Reporting by Jeffrey Dastin in Palo Alto, Calif.; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
If you're worried about getting a tax form from payment apps like Venmo or PayPal , you're now less likely to receive one for 2022 — thanks to a change from the IRS. The agency on Friday announced a one-year delay for a new tax reporting rule, requiring payment services to issue Form 1099-K for business transfers over $600, and many tax experts have applauded the change. Before 2022, taxpayers and the IRS received 1099-Ks when payments crossed a threshold of more than 200 transactions worth an aggregate above $20,000. More from Personal Finance:IRS delays tax reporting change for 1099-K on Venmo, Paypal business paymentsFrom 'quiet quitting' to 'loud layoffs,' will career trends continue in 2023? He said the one-year delay for the federal 1099-K tax reporting change gives taxpayers more time to prepare.
As the tax season approaches, many Americans are bracing for a new reporting change for third-party payment networks like Venmo or PayPal. Starting in 2022, you'll receive Form 1099-K, which reports income to the IRS, for business payments over $600. But experts say it's possible you'll receive 1099-Ks for personal transfers by mistake. "As tax preparers, we are more or less expecting the worst," said Albert Campo, a certified public accountant and president of AJC Accounting Services in Manalapan, New Jersey. But the American Rescue Plan Act of 2021 dropped the threshold to just $600.
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