This year, record inflation has taken a heavy toll on Americans, with high energy and food prices plaguing them for months. And while the Inflation Reduction Act offers some relief, it will take time for people to experience its benefits.
Many Americans need extra cash today, not tomorrow, next week, or next year. This is where online marketplaces play a critical role. For millions, these marketplaces are more than just shopping platforms: they are an economic parachute helping to fund critical everyday needs such as food, medicine, and utility bills. Those people will find themselves in a real bind should Congress fail to address a major change to the tax reporting requirements for online sales before the end of the year.
