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HR 1882119th CongressIntroduced
Saving Gig Economy Taxpayers Act
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Reinstates previous reporting thresholds for third-party payment transactions to reduce burden on gig economy workers.
Key Points
- 1Restores $20,000 and 200-transaction reporting thresholds
- 2Applies to third-party network transactions (gig platforms)
- 3Reduces IRS reporting burden on small vendors
- 4Applies backup withholding rules consistently
- 5Effective for calendar years after December 31, 2024
Impact Areas
Gig economyTax complianceSmall businessesDigital platformsIRS administration
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