IRS coming for digital payments

IRS coming for digital payments

Small business owners and individuals who make a profit selling goods, or even old family knick-knacks of a certain value, will soon be getting an additional tax form to file for the IRS. Since Jan. 1 of this year, companies like Venmo, PayPal and EBay have had to...
Why Fees are Deducted from Retailer Invoices

Why Fees are Deducted from Retailer Invoices

You sent your retailer some product to sell in their store. You invoiced them what you should be making from those sales, but they paid you less than the invoice amount. Why didn’t you get paid in full? Probably because there was a deduction, chargeback, or billback...