Tag: #accountants

1099-K Changes: How Will This Affect Your Side Hustle?

August 9, 2022

  There are many different variations of the 1099 form, but the 1099-K is a tax form that shows all the payments you received through a credit or debit card or some other electronic payment system (these are also known as “third-party payment settlement entities” or PSEs . . . Yeah, that’s a mouthful). Some ofRead more…

5 Ways to Prepare for a Recession

August 2, 2022

The signs seem to be pointing in one direction these days, so if you’re worried about being ready for a recession, consider taking these five measures. On paper, a recession is a fall in GDP for two consecutive quarters. Unfortunately, the actual GDP report lags the quarter-end by at least a month and is constantlyRead more…