Aug 242012
 

You might be starting to think a bit about the end of the year tax time paperwork, and if you’re a small business that makes payments to contractors you’re probably aware of the 1099K form.
Or, perhaps you’re a self-employed person who does work for a variety of other companies. Well, you can expect to get a 1099K form.
To clear up any confusion you might have about this form, the folks at Outright.com have a very useful page of information on their website that covers the ins and outs of this form.
They’ve also put together this fun little info-graphic with some interesting tax tidbits

big news for small business owners 1099 K Infographic
Brought To By Outright.com

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