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Three regulatory shifts that put time and money back in your pocket: the 1099-NEC threshold jumps from $600 to $2,000 and the 1099-K resets to $20,000, the 20% Qualified Business Income deduction is now permanent, and Beneficial Ownership reporting stays paused for most U.S. businesses. Alex explains what each one means and the exact move to make.
By MainStreet MediaThree regulatory shifts that put time and money back in your pocket: the 1099-NEC threshold jumps from $600 to $2,000 and the 1099-K resets to $20,000, the 20% Qualified Business Income deduction is now permanent, and Beneficial Ownership reporting stays paused for most U.S. businesses. Alex explains what each one means and the exact move to make.