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IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.

The IRS is delaying a rule that would have required e-commerce sites and payment platforms to send out tax paperwork to a much wider swath of people in 2023. Read More...

Associated Press

Company: Regulators OK reopening of Kansas pipeline segment

The operator of a pipeline that spilled about 14,000 bathtubs’ worth of heavy crude oil into a northeastern Kansas creek said Friday that it has permission from U.S. government regulators to reopen the repaired segment where the rupture occurred. Canada-based TC Energy did not say exactly when it would reopen the section of its Keystone pipeline system from Steele City near the Nebraska-Kansas border to Cushing in northern Oklahoma. The Dec. 7 spill forced the company to shut down the Keystone system and dumped about 14,000 barrels of crude into a creek running through rural pastureland in Washington County, about 150 miles (240 kilometers) northwest of Kansas City.

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