Tag: Payment cards

Accounting, Department management

IRS Sends Reminder About New 1099 Rules

November 9, 2022

Via: Small Business Trends

The Internal Revenue Service (IRS) has reminded taxpayers accepting payments through payment cards and third-party network transactions that they may receive 1099-K forms for sales over $600 in early 2023. New 1099-K Reporting Rule The IRS noted that there are […]

Administration, General organization management

MasterCard pushes to add small merchants (MA)

June 29, 2016


MasterCard plans to connect 40 million micro- and small merchants to its network in the next five years, according to a company press release. This expands on the company’s Financial Access 2020 commitment, which, among other things, strives to reach 500 […]