'Biden’s expanded IRS is about to flood Americans with 1099 forms for basic transactions over $600 that they didn’t know they had to pay tax on.'
, 80-year-old Joe Biden announced today that he will seek another term as President of the United States. This is Biden’s second time running for president in the 80s. He also ran for president in 1988.
There’s another reason every small business owner, freelancer, gig worker, independent contractor, or employee who tries to make a few bucks in a side hustle should oppose Biden’s renomination. His administration is siccing the IRS on them. The supersized IRS will make life miserable for small businesses and ordinary Americans. Corporations and wealthy folks will be largely unaffected because they have accountants and tax lawyers on staff who ensure they comply with all the rules.
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