The Form 1099-K Gap: Reconciling Payment App and Card Income Before It Is Reported

The Form 1099-K Gap: Reconciling Payment App and Card Income Before It Is Reported

The Form 1099-K Gap: Reconciling Payment App and Card Income Before It Is ReportedSteve Perry
Published on: 04/11/2026

Your Form 1099-K reports gross card and app activity, not net sales. Learn how to reconcile processor totals with your books before January 31 with Steve Perry, EA.

Form 1099-K reconciliationForm 1099-K gross amountpayment app income reportingcard processor 1099-K1099-K wrong tax IDcorrected Form 1099-K1099-K personal paymentsCP2000 1099-K mismatchentity change card terminalyear end bookkeeping reconciliation$20000 1099-K thresholdIRS information matchingsmall business IRS noticeSteve Perry EABooks Taxes & More
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Your 2026 Return Is Already Being Built: The Forms the IRS Will Match Against You

Your 2026 Return Is Already Being Built: The Forms the IRS Will Match Against You

Your 2026 Return Is Already Being Built: The Forms the IRS Will Match Against YouSteve Perry
Published on: 03/11/2026

Your 2026 return is already being built from W-2s, 1099s, and K-1s. Learn how IRS matching works and what to organize before year end with Steve Perry, EA.

IRS information matchingForm 1099-K threshold 2026Form 1099-NEC $2000 thresholdForm 1099-DA basis reportingCP2000 noticeAutomated UnderreporterIRS notice responseyear-end tax planningbusiness owner tax recordsbonus depreciation equipment purchaseStatutory Notice of Deficiencyamended return late K-1IRS risk managementSteve Perry EABooks Taxes & More
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The $2,000 1099 Threshold: What to Fix in Your Vendor Files Before January

The $2,000 1099 Threshold: What to Fix in Your Vendor Files Before January

The $2,000 1099 Threshold: What to Fix in Your Vendor Files Before JanuarySteve Perry
Published on: 29/10/2026

Fewer vendors need a 1099 for 2026, but missing W-9s and mismatched tax IDs still create IRS notices and backup withholding costs. Learn what to fix in your vendor files before January.

2026 Form 1099-NEC threshold$2000 1099 thresholdOne Big Beautiful Bill 1099 changesvendor W-9 cleanupForm W-9 requirementsbackup withholding 24%CP2100 noticeCP2100A noticeB notice1099-NEC deadline 2027attorney fees 1099 reportingcredit card payments Form 1099-Ksmall business information returns
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The First Dollars Don't Count: Year-End Giving Under the New 0.5% Floor

The First Dollars Don't Count: Year-End Giving Under the New 0.5% Floor

The First Dollars Don't Count: Year-End Giving Under the New 0.5% FloorSteve Perry
Published on: 28/10/2026

Starting in 2026, the first 0.5% of AGI you give to charity is not deductible. Learn how timing, appreciated stock, QCDs, and good records protect your deduction before December 31.

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