On December 1, 2021 we held a free live webinar discussing the Business Updates & Tax Reducing Strategies. You can click to video below to watch the webinar replay or used the button below to download the presentation slides.
IRS Announces Form 1099-K Reporting Relief
In the past, individuals and businesses would only receive a 1099-K form under certain circumstances. This includes when there were over 200 transactions or gross payments totaling more than $20,000 received through payment apps or credit card processors.