Gary Bode, CPA: verify the figures on Form 1099-K are accurate and not duplicated on some Form 1099-MISC. For a free phone consult, please call 399-2705.
Several opportunities exist for businesses that take credit payments, to count some income twice on their 2011 tax return. And it’s not because of their internal accounting, although . . . → Read More: Wilmington CPA discusses 1099-K and 1099-MISC | 2011 don’t count your income twice