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  • 2023
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  • 21

Day: November 21, 2023

USPS Says It’s Ready for the Holiday Surge

November 21, 2023November 21, 2023 Ina Steiner
USPS

The USPS issued a press release 3 days before Black Friday to say it was ready for the holiday surge. Postmaster General and CEO Louis DeJoy credited the “Delivering for America plan” (DFA) for the […]

5 CommentsNews, Shippingholiday shipping, Louis DeJoy, USPS

eBay to Use $2.2 Billion from Possible Sale of Adevinta Stock for ‘General Corporate Purposes’

November 21, 2023 Ina Steiner
eBay

eBay sold its classifieds business to Adevinta a few years ago after pressure from activist investors Elliott Management and Starboard Value while obtaining a stake in the company. On Tuesday, eBay announced its support for […]

2 CommentsMarketplaces, NewsAdevinta, Blackstone, eBay, eBay Classifieds, Permira

IRS Gives Relief to Casual Sellers by Delaying New Form 1099K Threshold for 2nd Year

November 21, 2023November 21, 2023 Ina Steiner
Tax

The IRS announced today another reprieve for taxpayers, delaying implementation of a new reporting threshold for third-party platform payments in 2023. The IRS also said it would phase in the new 1099-K threshold amount for […]

News, Tax and Legal IssuesForm 1099-K, IRS


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