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FREE April 7-13, 2022 † Vol. 47, No. 38 A rocky recovery ...

April 7-13, 2022 | Illinois Times | 118 MUSIC | Marty Brown16 FOOD | Matzo toff ee14 SPORTS | Baseball is backFREE April 7-13, 2022 Vol. 47, No. 38 Addiction, overdoses have climbed Addiction, overdoses have climbed since the start of the pandemicsince the start of the pandemicA rockyA rockyrecovery recovery A rockyrecovery 10 ADDICTION |10 ADDICTION | Dean Olsen Dean Olsen2 | | April 7-13, 2022 April 7-13, 2022 | Illinois Times | 3 NEWSE ditor s noteThe taxman cometh for your virtual yard saleTAXES | Bruce RushtonDeath and taxes remain certainties, and in Illinois, the latter has become more certain than is tax season marks the second year that the Land of Lincoln has targeted the gig economy by requiring companies that process digital think PayPal or Venmo to report payments at thresholds below what the Internal Revenue Service specifi es. Under federal law, electronic payment processors don t have to report money changing hands until someone receives at least $20,000 in at least 200 transactions.

federal law, electronic payment processors don’t have to report money changing hands until someone receives at least $20,000 in at least 200 transactions. Starting in 2020, Illinois lowered the threshold to $1,000 with at least four transactions. In recent years, a dozen other states, concerned about taxes

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Transcription of FREE April 7-13, 2022 † Vol. 47, No. 38 A rocky recovery ...

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