Document Type
Article
Publication Date
2-2024
Description
Although there have not been many ta law changes this year, one tax policy change being implemented this year is sure to cause confusion for a plethora of our clients. That change is the new reporting requirements for the 1099- K. CPA firms are already beginning to get calls from clients about these information reporting forms. If you are a tax preparer, you will no doubt have to help your clients sort through the tax consequences of this form if they use third parties such as PayPal, Venmo and many others for day-to-day cash transactions [...]
Citation Information
Follis, Shelby and Freeman, Michelle S., "How To Help Your Clients Understand Their 1099-K and Its Everchanging Threshholds" (2024). ETSU Faculty Works. 1017.
https://dc.etsu.edu/etsu-works-2/1017
Copyright Statement
TSCPA does not require copyright assignment or transfer from authors, nor does TSCPA require first publication rights.
Copyright The Author(s). This article originally appeared in the Tennessee CPA Journal.