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New IRS rule on reselling concert, sporting event tickets could impact large number of Americans | WHO Des Moines, IA | 10/12/23

New IRS rule on reselling concert, sporting event tickets could impact large number of Americans | WHO  Des Moines, IA | 10/12/23
Oct 12, 2023 · 4m 45s

WHO invited Bill Dendy to join their broadcast 🎙 in Des Moines, IA to discuss the new IRS regulations on reselling tickets. As a CPA money manager and tax expert,...

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WHO invited Bill Dendy to join their broadcast 🎙 in Des Moines, IA to discuss the new IRS regulations on reselling tickets. As a CPA money manager and tax expert, Dendy elucidates the implications of these changes, explaining that any total sales over $600 from online platforms like Ticketmaster or StubHub will now be reported to the IRS. He further clarifies the process of reporting these sales and the potential tax liabilities. This interview is a must-watch for anyone involved in the ticket resale market, offering valuable insights into the evolving tax landscape.
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