by Jelena Arkula | Jul 17, 2026 | 1099, payment processing
For 2026, a payment app or online marketplace must send you a 1099-K only when your business payments through that platform top $20,000 and more than 200 transactions. Card processors report with no minimum. Either way, all business income is taxable and belongs on...
by Jelena Arkula | Jul 17, 2026 | 1099, Procedures
The IRS mileage rate 2026 schedule changed mid-year. From July 1, business driving is 76 cents per mile, up from 72.5 cents in the first half. This guide is for business owners and employers who track vehicle miles. We will cover the new rates, the split-year mileage...
by Jelena Arkula | Jul 15, 2026 | 1099, Procedures
The Los Angeles business tax is a city gross receipts tax that applies to almost everyone doing business in Los Angeles, including freelancers and home-based businesses. This guide is for LA business owners who want to know whether they must register, what the annual...
by Jelena Arkula | Jun 12, 2026 | 1099, Procedures
Last updated: June 9, 2026 If you pay independent contractors $2,000 or more via check or ACH in 2026, you must file Form 1099-NEC to avoid IRS penalties. This guide is for small business owners and startups who need to navigate the updated 2026 reporting thresholds...
by Jelena Arkula | Apr 24, 2026 | 1099
Last updated: April 12, 2026 Handling payroll, sales tax, and 1099s correctly is the only way to avoid the most common and expensive regulatory penalties small businesses face today. This guide is for founders and business owners who want to understand the logistics...
by Jelena Arkula | Apr 20, 2026 | 1099, Procedures
Last updated: April 12, 2026 Starting in 2026, the IRS has officially raised the 1099-NEC and 1099-MISC reporting threshold from $600 to $2,000 per vendor. This guide is for Los Angeles business owners and founders who need to navigate these new limits, understand the...
