Tag Archives: e-commerce accounts

Ask TaxMama Issue 623 – Lots of Happy Birthdays

   It’s birthday time. You see the greeting to Dame Judi Dench – easily one of my all-time favorite actors. But it’s also Lulu’s birthday, and David’s and  Barbara’s and Harlan’s and Tony and Tracy and Alicia and lots of other great people this first half of December. So happy birthday to you all!  Sometime […]

Red Flag on Business

 Today TaxMama hears from RW in the TaxQuips Forum who is concerned about the new 1099-K reporting. “I am faced with either closing my e-commerce accounts or getting a tax ID number. I have no problem getting the number and making my business legitimate. But will this send up a red flag to the IRS […]