• Skip to primary navigation
  • Skip to main content
  • Skip to footer
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
Big Ideas for Small Business logo

Barbara Weltman

Big Ideas for Small Business, Inc.

Whitepaper download

Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."

This field is hidden when viewing the form
Get the:

  • Home
  • About Us
  • Big Ideas For Your Business
    • Idea Of The Day ®
    • SMB Legal
    • SMB Taxes
    • SMB Financial
    • Small Business
    • Newsletter Archive
  • Services
  • Books
  • Blog
  • Multimedia
    • Videos
    • Radio Shows/Podcasts
  • Be a Guest Blogger

Restore the old threshold for Form 1099-K?

April 6, 2025 / By Barbara Weltman

That’s what the Saving Gig Economy Taxpayers Act (H.R. 1882) would do. Form 1099-K is used by third-party merchant providers, such as PayPal, to report transactions to the IRS. The threshold for 2024 transactions reported in 2025 is $5,000. The threshold for 2025 transactions reported in 2026 is $2,500, but it’s set to drop to $600 for 2026 transactions. The proposed bill would restore the old threshold of $20,000 and 200 transactions. The change is meant to help gig economy workers and small e-commerce sellers. #IdeaoftheDay

Footer

Big Ideas for Small Business logo

Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

Contact Us

[email protected]

(772) 492-9593

gacor maxwin situs slot thailand terpercaya situs slot gacor situs gacor akun pro thailand slot bandar togel terpercaya

Latest Tweets

bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 27

How Important Is Higher Education for Small Business Owners - A college degree isn’t a guaranteed ticket to entrepreneurial success https://bit.ly/3HCsb6L #smallbusiness #entrepreneurs #highereducation #lifelonglearning #education

Reply on Twitter 1938726633533272352 Retweet on Twitter 1938726633533272352 Like on Twitter 1938726633533272352 Twitter 1938726633533272352
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 27

10 Perks Prime Members Can Snag Before Prime Day (2025) https://bit.ly/3FZuxMB

Reply on Twitter 1938690640897798399 Retweet on Twitter 1938690640897798399 Like on Twitter 1938690640897798399 Twitter 1938690640897798399
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 27

Let's Celebrate Small Business! #video
YouTube https://youtu.be/kaSnPu-DUzE?si=iE3SCGbfN0o5IrAG #smallbusiness #smallbiz #shoplocal

Reply on Twitter 1938669670304800798 Retweet on Twitter 1938669670304800798 Like on Twitter 1938669670304800798 Twitter 1938669670304800798
Load More

Copyright © 2008–2025 Big Ideas for Small Business, Inc  |  Designed by Hudson Fusion

  • Privacy Policy
  • Sitemap