Quetell & Company LLP

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End of week tax fact from Quetell & Company LLP

Form 1099-K was introduced as part of the Housing and Economic Recovery Act of 2008, with its reporting requirements taking effect in 2011. The form was a response to the growing e-commerce sector and the IRS's need to ensure that income from online transactions was accurately reported. The reporting rules have changed significantly over the years, including new requirements for 2024.

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Are you curious about fractional hiring? Learn how small and mid-sized businesses can leverage on-demand experts--like fractional sales or marketing pros--while cutting costs and staying agile.

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Midweek Wednesday Wisdom from Quetell & Company LLP

Tax preparation is not just about gathering documents and giving them to your tax preparer; it's about understanding your financial situation and ensuring compliance with tax laws. Proper preparation can lead to significant savings and prevent potential issues with the IRS.

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Big tax changes are coming in 2025! Learn how expiring TCJA provisions, IRS adjustments, and retirement updates may impact you. Contact us for guidance.

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Start your week on the right foot with Monday Motivation from Quetell & Company LLP

Small Business Tip for Home Services: Highlight Your Customer Reviews!

Stop chasing empty revenue goals and start focusing on what really matters--your bottom line. Learn how a "profit first" mentality can boost your cash flow, guide smarter decisions, and kick off the New Year with real financial growth.

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