What is Form 1099-K? Form 1099-K, Payment Card and Third-Party Network Transactions is an IRS (Internal Revenue Service) form used to report credit/debit card transactions and third-party network payments. Minimum
What is Form 1099-K? Form 1099-K, Payment Card and Third-Party Network Transactions is an IRS (Internal Revenue Service) form used to report credit/debit card transactions and third-party network payments. Minimum
In a bold and consequential move, the Internal Revenue Service (IRS) has announced a significant adjustment to the 1099-K transaction value threshold. The previous limit of $20,000 has now been
Business owners, have you been receiving customer payments through third-party entities? Good news and bad news: you may be required to meet new 1099-K reporting requirements in 2023. Read on
Filing 1099s can be confusing, and 1099-K forms are no exception. To make the most of your tax season, it’s important to understand when the 1099-K forms are due for
Form 1099-K is a mystery to many businesses, But it doesn’t have to be. The third-party form entities use to report payments to businesses contains important information for accurate tax
Learn all you need to know about 1099-MISC forms and 1099-Ks. From the information you need to report, to the purpose of the forms, we have it all covered in
This easy DIY guide will teach you everything you need to know about the 1099-K form. Right from what it is to when you need to use it and how
Ahead of Sage Transform 2022, we discuss changes to the way small businesses and gig economy workers have to report third-party payments. Many small businesses and gig economy workers enjoy
Reporting for third-party digital payments, card processor payments, and cryptocurrency payments is changing for Form 1099-K. More than ever, gig economy workers, small businesses, and startups are using third-party payment
Here’s why Americans are concerned about the new 1099-K tax rule, which requires PSEs to report payments over $600. What Happened Previously, PSEs (Payment Settlement Entities) needed to file a