38: Understand How The 1099K Impacts Your Future Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Small Business Owner, Virtual Bookkeeper Or Virtual Assistant

If your business involves selling items on amazon, eBay or your business accepts payments from credit cards, debit cards, or other third-party processors, you will more than likely receive a Form 1099K.  Knowing what this form is and how it will impact your business is important to know.  The rules for the 1099K are changing in 2022 and understanding these new rules as well as the impact it will have in your business is important.  In today’s episode, I will be going over what all the hype is regarding the 1099K form so that you know exactly what to expect in the coming year and how it may impact your income tax return.  I’ll even be covering what the difference is between the 1099 MISC, 1099 NEC and the 1099K so there is no confusion between the three of these forms.  This episode is going to be helpful for you whether you are getting ready to start your small business, you’re a solopreneur, entrepreneur, small business owner, virtual online bookkeeper or virtual assistant and you accept any payments via credit card or debit card… Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: www.FinancialAdventure.com/5Essentials Enrollment Is Open For My Elevate Your Bookkeeping Business Framework.  If You Want To Create A Profitable Bookkeeping Business (Or Improve Your Existing Bookkeeping Business), Register Here: www.FinancialAdventure.com/MasterClassRegistration Your FREE Online Virtual Bookkeeping Business Starter Guide is waiting for you: www.FinancialAdventure.com/StarterGuide Fill out the Contact Us form if you have a question or need help with your bookkeeping: www.FinancialAdventure.com/Contact-Us Sign up for a quick chat to see if starting a Virtual Online Bookkeeping Business is right for you: www.FinancialAdventure.com/Discovery Join Our Facebook Community:  www.Facebook.com/Groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique QuickBooks Online - Save 50% Your First 3 Months: www.FinancialAdventure.com/QuickBooks Show Notes:  www.FinancialAdventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources.