Confused about S Corps?
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If you own an S Corporation or a Limited Liability Company, you might have received a 1099-K and chances are you dont know what to do with it. Let’s break down what this form is, how it applies to your tax situation, and what to do if there’s an error. What Is a 1099-K Form? The 1099-K form is an informational form issued to report payments made through various payment processors like Stripe, Square, Etsy, PayPal, or even Quick Books. The form reflects gross payments receiv