Major IRS Changes Are HERE for 2025—Here’s What You Need to Know

Major IRS Changes Are HERE for 2025—Here’s What You Need to Know

Major IRS Changes Are HERE for 2025—Here’s What You Need to KnowSharon Eason
Published on: 28/07/2025

Big IRS changes are coming in 2025 — and they’re good news for small business owners, gig workers, and platforms like PayPal and Venmo. This blog breaks down the updated 1099-K and 1099-NEC thresholds, new backup withholding rules, and what you need to do now to stay compliant and stress-free during tax season.

tax2025 tax lawbonus depreciationSection 179QBI deduction,small business tax breaksIRS reporting 2025, 1099 changes, 1099-K threshold, gig economy taxes, tax compliance IRS reporting 2025 1099 changes, 1099-K threshold, gig economy taxestax compliance