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Debbie Monterrey chats with CPA Leslie Schmidt about a tax change that'll affect many. The 1099-K tax filing threshold goes from $20,000 to $600 and means people who sell things on eBay, FB Marketplace or transfer money through apps like Venmo or PayPal will be getting a 1099-K form from the IRS and added compliance burden.
Debbie Monterrey chats with CPA Leslie Schmidt about a tax change that'll affect many. The 1099-K tax filing threshold goes from $20,000 to $600 and means people who sell things on eBay, FB Marketplace or transfer money through apps like Venmo or PayPal will be getting a 1099-K form from the IRS and added compliance burden.
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