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Form 1099-K, Payment Card and Third-Party Network Transactions Reporting

Frederick County Office of Economic Development 118 N. Market Street, Frederick, MD

The American Rescue Plan of 2021 changed the reporting threshold for third-party settlement organizations, including payment apps and online third-party settlement organizations. Whether you own a business, are self-employed, work in the gig economy or are selling personal items, Form 1099-K includes the gross amount of all payment transactions. Join our Roundtable Discussion to share your feedback […]

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