Wednesday
Nov022011
What's New: New IRS Form 1099-K
Wednesday, November 2, 2011 at 4:35PM by Banking Spectrum
IRS Form 1099-K, Merchant Card and Third Party Network Payments has been added to the Reporting Compliance section in The Gold Book. This new form is required in 2012 for payment card and third-party network transactions that occurred in 2011.
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