Trying to figure out your tax forms? Here’s the next in my handy-dandy forms primer: 1099-K, Payment Card and Third Party Network Transactions.
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IRS Continues To Weigh In On New Credit Card Reporting Requirements
That collective sigh of relief that you just heard? It was an exhale from the Retail Industry Leaders Association (RILA), the trade association of the
Read MoreCredit Card Reporting For Tax Purposes Debuts This Month
Form W-2, check. Form 1099-Misc, check. Form 1098, check. Form 1099-K… wait, what? Yep, there’s a new form from the IRS out this year and
Read MoreIRS Offers Relief For Credit Card Reporting Requirements
Panicked about those new form 1099-K (Merchant Card and Third Party Network Payments) requirements? Take a breath. The IRS has already figured out that things
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