Idea Diary Ep.194 - Let’s Discuss 1099-K PayPal, Venmo, Zelle $600 New Rule Business or Personal Explained

In Episode 194 of Idea Diary - Today, I ramble about trying to figure out how to manage this new tax rule to avoid having to prove to IRS that my personal expenses are not a business. I plan on using PayPal and Zelle for business purposes only. NO MORE personal transactions on these platforms for me until more information is available. Talk to multiple tax professionals if you really need to use them.

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"Idea Diary" is a business lifestyle podcast about creative entrepreneurship. "Idea Diary" focuses on building creative businesses, and chronicles how Valerie Aiello uses multiple skills to create products, illustrations, film, music, and businesses. SHOW DISCLAIMER: EVERY INDIVIDUAL’S OBSTACLES AND SOLUTIONS ARE UNIQUE. THESE TIPS ARE SUGGESTIONS ONLY TO IMPLEMENT IN YOUR SUITABLE OWN WAY. THIS IS NOT LEGAL ADVICE. THIS IS NOT FINANCIAL ADVICE.

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Valerie Aiello is a multi-hyphenate brand expert from Austin, Texas.

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Website: https://www.valerieaiello.com

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