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#TuesdayTips – Gusto’s 1099 Solutions for Compliance

Old fashion steel fountain pen with 1099 MICS words

With the rise of digital payment platforms like Cash App and Venmo, businesses are increasingly conducting transactions through these channels. While these platforms offer quick and convenient payments, they also require careful monitoring for 1099 reporting purposes. The IRS now mandates businesses to report payments made through third-party networks, including digital payment platforms, on their […]