<p>The Form 1099K serves as a detailed summary of annual payments received from third-party payment providers like Venmo, CashApp, Uber, Airbnb, and Paypal. Recently, a noteworthy change has been made to the reporting threshold, which now stands at $600 starting January 1, 2023. This alteration in legislation will impact a significant number of taxpayers this year, necessitating proper preparation.</p>

The Form 1099K serves as a detailed summary of annual payments received from third-party payment providers like Venmo, CashApp, Uber, Airbnb, and Paypal. Recently, a noteworthy change has been made to the reporting threshold, which now stands at $600 starting January 1, 2023. This alteration in legislation will impact a significant number of taxpayers this year, necessitating proper preparation.

Episode 10:  3 Things You Need to Know about Form 1099K

A podcast for the 2000 - 20,000 acre crop farmer who wants to be more profitable while staying relevant in the face of a rapidly changing ag environment.  Topics include: how to keep more cash in your pocket, reduce your taxes by 5 or 6 digits per year, be ready when land becomes available for purchase, ensure financial security in retirement, and protect your farm and family. 

Your host, Catherine Ozment, CPA an expert in farm financials and ag tax strategy, and herself is the owner of a family farm in south Texas.

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A podcast for the 2000 - 20,000 acre crop farmer who wants to be more profitable while staying relevant in the face of a rapidly changing ag environment. Topics include: how to keep more cash in your pocket, reduce your taxes by 5 or 6 digits per year, be ready when land becomes available for purchase, ensure financial security in retirement, and protect your farm and family. Your host, Catherine Ozment, CPA an expert in farm financials and ag tax strategy, and herself is the owner of a family farm in south Texas.

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Episode 10: 3 Things You Need to Know about Form 1099K

Episode 10: 3 Things You Need to Know about Form 1099K