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

Sharon 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.