Wondering what all the noise around 1099-K is about?
In preparation for the upcoming tax season, we are releasing a series of TrolleyBRIEFs, executive summaries packed with all the essential information you need about each topic.
We’re starting with Form 1099-K. It’s seen a threshold change, delayed implementation of that change, and a slew of media coverage and proposed legislation over the past couple of years.
What’s all the fuss about, then? And what impact does all this have on digital marketplaces?
Answers to these questions & more are at your fingertips.
What’s inside:
- The essential background information and history of Form 1099-K
- Must-know 1099-K filing dates
- An overview of proposed legislation regarding the threshold change
- What the implications of the threshold change are for your business
- How to set processes in place to handle an increase in 1099-Ks
- Automation solutions to ease the burden of 1099-K information collection and filing