Category Archives: 1099K

Travelogue: 1099-K, eBay Sellers, and San Jose

This month and next, Outright is traveling around the country to meet with eBay Sellers and talk about taxes.  Our Goal?  Spread the word about what eBay sellers should do with the 1099-K forms that they will be receiving from … read full post

Posted in 1099K, eBay, ecommerce |

More Facts about the 1099-K Tax Form

Some facts about the 1099-K or PayPal 1099 read full post

Posted in 1099K, Taxes |

Tax Resources on Outright.com

At Outright.com, our mission has always been to make the finance part of running your small business simple so you can get back to the more fun (and profitable) parts of running your business. And we know one of the … read full post

Posted in 1099K, Taxes |

Tax Talk: Why do we receive 1099′s?

A form 1099, is one tool the IRS can use to insure that everyone’s tax return is correct. read full post

Posted in 1099K, Self Employment, Taxes |

Why did the the new 1099K come about?

Are you wondering why you are receiving a new 1099K form from PayPal this year? The 1099K is part of an effort by the Internal Revenue Service to close the “tax gap”. read full post

Posted in 1099K, Taxes |

Find Out if You Could Get Audited

Oh the IRS audit. It’s one of the most feared events in the life of an entrepreneur, but the factors that trigger an audit can seem more mysterious than Stonehenge or crop circles. And this year, with the new 1099-K … read full post

Posted in 1099K, Taxes |

PayPal 1099K Question: What do I do when my 1099′s don’t add up?

Wait! There is no way you brought in that much last year. The number is almost double what you usually sell in a year. If you suspect the villain in this story is that new 1099K you received from PayPal you are correct. read full post

Posted in 1099K, Bookkeeping, Taxes |

Best of Outright Weekly Round-Up: 1099 Edition

Our recent PayPal 1099 FAQ blog was a bit of a shock to ecommerce sellers. PayPal sending 1099s to their bigger clients seemed unnecessary and a little confusing. However, we tried to break it down to its core and show … read full post

Posted in 1099K, Best of Outright Community |

The PayPal 1099 FAQ

The new Form 1099-K will report the money merchants received through the credit card company for all of 2011. read full post

Posted in 1099K, Accounting, Dealing with Taxes, Taxes |