1099-K Panic: What to Do if Your Venmo/PayPal Totals Don’t Match Your Records Today
It is April 15, 2026. As LLC owners across the country hit the “Final Review” button, a massive wave of confusion is hitting: The 1099-K Discrepancy. Under the One, Big, Beautiful Bill (OBBBA), the $600 reporting threshold is being enforced with zero tolerance this year. If the income reported by your payment processors (Venmo, Stripe, … Read more