600 bucks is a weird number.
Jokey musta come up with this all by his lonesome.
Reportin $10k is even lowballing it. A new set of energy efficient windows installed costs $25K.
Dems hate cash and want to be able to track every transaction.
The dream is an all electronic monetary system, they want to be able to exert control over what they consider as their money...we don’t actually have our own property, other than what they allow us to have...
Money is constitutionally supposed to be gold and silver, paper money that was convertible to gold and silver was brought in and eventually that was dropped and coins were no longer made of precious metals.
We do have the gold and silver eagle US coins though.
IIRC, if you pay anyone $600 or more, you are required to issue them a 1099 Form
If you pay independent contractors, you may have to file Form 1099-NEC, Nonemployee Compensation, to report payments for services performed for your trade or business. If the following four conditions are met, you must generally report a payment as nonemployee compensation.
You made the payment to someone who is not your employee;
You made the payment for services in the course of your trade or business (including government agencies and nonprofit organizations);
You made the payment to an individual, partnership, estate, or in some cases, a corporation; and
You made payments to the payee of at least $600 during the year.
"All your dollars are belonging to us!"