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
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 how the new reporting requirements for Form 1099-K impact the online marketplaces and apps in 2022 and beyond. 1099-K Payments Infrastructure in 2022: An Overview If you don’t already
Keep yourself informed on the latest Form 1099-K notices and penalties for the 2022 tax year. Form 1099-K is one of the most important information returns for third-party payment networks
A quick rundown on what’s changing for 1099-K reporting in 2022. If you’ve been in the loop, a lot has been changing in the 1099 world. Form 1099-NEC was re-introduced
Here’s a simple approach to understand how the new $600 reporting requirements impact payment apps like PayPal, Venmo, Cash App, and others. $600 – That’s the new reporting threshold for payment