As a solution principal for Sovos, Wendy Walker uses her market expertise to create and implement product and solution strategies that help customers meet the demands of a constantly changing regulatory environment. Since joining Sovos, Wendy has helped lead the go-to-market strategy focused on growing the Tax & Regulatory Reporting line of business. Wendy is also a chair member of the IRS Advisory Council.
A 1099-K will be sent in January to anyone earning wages through third-party payment apps.
Regardless of technical rules, experts say method ill-advised.
If you get paid through apps like Venmo or PayPal or platforms like Etsy or Airbnb, preparing your taxes next year may be a little more confusing than usual.