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Podcast: THRIVE, a Paychex Business Podcast
Episode: 1099-K Reporting, Funding for Disadvantaged Borrowers, and Hybrid Ups Productivity
Description: No news is good news, according to Gene Marks, who shares details about the IRS delaying the Form 1099-K threshold change in 2023. So, if you’re using a third-party platform such as PayPal or Venmo to receive payment for services, you have a reprieve this tax season. Gene also talks about the State Small Business Credit Initiative that is pumping millions into states to share with disadvantaged and minority-owned businesses. Plus, hybrid work policies are found to increase productivity. Listen to the podcast.
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