{"product_id":"the-ultimate-1099-guide-for-entrepreneurs-who-give-and-receive-1099s-9798377957027","title":"The Ultimate 1099 Guide: For Entrepreneurs Who Give and Receive 1099s","description":"The tax year 2023 (when you file in 2024) is expected to be challenging for tax filers due to the re-introduction of the 1099-K, which will be issued by most third-party processors like Paypal, Venmo, Square, Etsy, Cash App, Ebay, Shopify, Uber, Lyft, Door Dash, and others for earnings over $600. \u003cp\u003e\u003c\/p\u003eWhile Zelle won't issue a 1099-K, it doesn't mean you're exempt (safe). Even if you hold a garage sale and use a payment app instead of cash, you'll receive a 1099-K if you earn over $600. This might come as a surprise, especially if you've already paid sales tax on the item you sold. Let's say you paid $1,200 for the couch, the IRS won't know if you sold it for less, and you'll have to prove your loss. \u003cp\u003e\u003c\/p\u003eAs a result, almost everyone is likely to be impacted by the 1099-K, prompting the IRS to hire over 80,000 representatives to collect money from taxpayers. To avoid being caught off guard by a hefty IRS bill, it's recommended to read The Ultimate 1099 Guide.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-11738999\"\u003eSteph Wynne\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/21\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 34\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.13lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.07d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9798377957027\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 8377957027\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS064000\"\u003eTaxation | General\u003c\/a\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Independently Published","offers":[{"title":"Default Title","offer_id":44547887366381,"sku":"9798377957027","price":12.48,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_198120cd-edaf-4a16-a8a6-6719c587d4a4.jpg?v=1701630567","url":"https:\/\/sureshotbooks.com\/products\/the-ultimate-1099-guide-for-entrepreneurs-who-give-and-receive-1099s-9798377957027","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}