Here’s what happens when you use peer-to-peer payment apps like Venmo and PayPal to accept payments from your customers, according to the American Rescue Plan Act (ARPA) of 2021. We
Here’s what happens when you use peer-to-peer payment apps like Venmo and PayPal to accept payments from your customers, according to the American Rescue Plan Act (ARPA) of 2021. We
Here’s why payment apps like PayPal and Venmo are required to file a Form 1099-K starting in 2022. Unlike the early 2000s, where tax reporting was somewhat unregulated, the early
A simple guide to understand if third-party payments are considered income in the Form 1099-K payments context. Form 1099-K has been making rounds around the internet. Unlike Form 1099-NEC, Form