Posts Tagged: 1099K

Big Changes to the 1099-K: Is your small business ready?

By Tina Oddleifson If your small business receives income via third-party settlement processors like PayPal, Venmo, and CashApp, you may be in for a surprise. The American Rescue Plan Act (ARPA) passed by Congress in 2021, provided pandemic relief to many small businesses.  It also included a bill that significantly changed reporting requirements for third-party… Read more »