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Entrepreneur

IRS Delays Lower Form 1099-K Reporting Threshold to Aid Small Businesses and Taxpayers

The Internal Revenue Service (IRS) has announced a significant delay in the implementation of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for the calendar year 2023. This decision, detailed in IRS Notice 2023-74, comes after considerable input from taxpayers, tax professionals, and payment processors. The aim [CONTINUE READING]

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Entrepreneur

Time and Expense Tracking Apps: 23 Solutions

The easiest way for a small business to lose money is through sloppy time and expense reporting. In our fast-paced always on the run world, spreadsheets and shoeboxes just won’t cut it anymore. If you’re using either to collect information on these two key business metrics, then you should check [CONTINUE READING]

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Entrepreneur

How to Start a Security Company

The demand for private security services has risen significantly in recent years. That surge is driven by heightened security concerns among businesses and individuals alike, creating a fertile ground for new ventures in the security industry. The security sector offers promising financial returns and the profound satisfaction of contributing to [CONTINUE READING]