You Might Get 1099-K In 2024 From PayPal, Venmo or Cash App Payments скачать в хорошем качестве

You Might Get 1099-K In 2024 From PayPal, Venmo or Cash App Payments

Join Deepak, a tax code advisor, as he dives into the important changes to IRS reporting rules for 1099-K in 2024. Learn how these new thresholds could impact you, whether you're a small business owner, a casual seller, or simply splitting payments via apps like PayPal and Venmo. With practical tips on managing these changes, avoiding common pitfalls, and ensuring compliance, this is your essential guide for navigating the upcoming tax season. Visit Tax Code Advisors https://taxcodeadvisors.com to schedule a call. Deepak Sharma EA, MSTP, Founder of the Tax Code Advisors. 📲 Call or Whatsapp at 888-260-0017 💻Free Discovery Call: https://10xter.com/avHea0ZpfXix 👨‍💻 Website: http://www.taxcodeadvisors.com 🚨SUBSCRIBE HERE: ⬇️⬇️⬇️⬇️⬇️ ✅    / @taxcodeadvisors   ✅   / @taxcodeadvisors   Disclaimer: The information presented in this session is for general informational purposes only and does not constitute legal or investment advice. Please consult with a qualified tax professional or attorney for advice specific to your situation. The opinions shared may not reflect the latest updates in legislation or regulations. Chapters: Introduction and Overview of 1099-K Changes (0:00 - 3:47) Overview of IRS intentions and the context of the new 1099-K rules. What is 1099-K and Who Does it Impact? (3:48 - 5:40) Explanation of the changes, including new thresholds and reporting requirements. Challenges with Implementation (5:41 - 8:36) Exploring the challenges taxpayers and the IRS face with the 1099-K rule changes. Practical Tips for Taxpayers (8:37 - 12:55) Strategies to document expenses, avoid unnecessary taxes, and comply with the new rules. Household Transactions and Reporting Nuances (12:56 - 14:21) Clarifying what qualifies as reportable income vs. personal transactions. Navigating IRS Notices and Tax Professional Advice (14:22 - 15:54) Best practices for handling 1099-K notices and working with tax professionals. Final Thoughts and Viewer Engagement (15:55 - 16:12) Encouragement to engage with Deepak for further insights and assistance. Hashtags: #TaxSeason2024 #1099KChanges #IRSUpdates #TaxTips #SmallBusinessTax #FinanceAdvice #VenmoPayPalTaxes #TaxCompliance #DeepakTaxTips Disclaimer: The information provided in this video is for general informational purposes only and should not be considered as specific tax, legal, or financial advice. Please consult a qualified tax professional for advice tailored to your unique circumstances. The views expressed are those of the presenter and may not represent official IRS policies or regulations.