Our Archive

Welcome to your Archive. This is your all post. Edit or delete them, then start writing!

ByteConn > Blog >

Marketplace sellers who cross certain transaction and revenue thresholds can be required to provide banking, tax, identity, and contact information—and failure to respond can lead to account suspension. Here is how the INFORM Consumers Act works and how sellers can prepare.

Read More

The federal 1099-K reporting threshold for payment apps and online marketplaces is back to more than $20,000 and more than 200 transactions. But that does not mean income below the threshold is tax-free—and the number shown on Form 1099-K is not the same as your profit.

Read More