The IRS is lowering the transaction threshold for 1099-K reporting with a view to streamline 1099 reporting and tax compliance. What You Need To Know About The Updated 1099-K Threshold?
The IRS is lowering the transaction threshold for 1099-K reporting with a view to streamline 1099 reporting and tax compliance. What You Need To Know About The Updated 1099-K Threshold?
Form 1099-K – This form is used to report merchant cards and third-party network payments. Payment Settlement Entities (PSE) use this form to report payments made in settlement of reportable