More 1099 Updates
Manage episode 393573370 series 3343948
As promised, itโs time for our resident bookkeeping mensch, Paul Rosenblum, to update us on the 1099 situation. He specifically addresses the introduction of 1099K forms by third-party payment apps like Venmo and PayPal for transactions over $5,000 starting in 2025. Although this change is still some time away, itโs important to understand the potential challenges and questions surrounding how this might cause confusion. But donโt worry, youโre in good hands with Paul. Heโll continue to keep you updated on updates as time goes on in future episodes.
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๐ฐ Newsletter: https://paulrosenblum.substack.com/
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๐จ Email: Bookkeepermensch@gmail.com
43 episode