{"id":116,"date":"2012-09-08T19:05:00","date_gmt":"2012-09-08T19:05:00","guid":{"rendered":"http:\/\/smallbizsurvival.com\/?p=116"},"modified":"2014-08-27T07:45:25","modified_gmt":"2014-08-27T12:45:25","slug":"irs-reverses-course-again","status":"publish","type":"post","link":"https:\/\/smallbizsurvival.com\/2012\/09\/irs-reverses-course-again.html","title":{"rendered":"IRS Reverses Course&#8211;Again"},"content":{"rendered":"<div dir=\"ltr\" trbidi=\"on\"><span>The IRS announced that it will start Form 1099-K matching in late 2013.\u00a0<\/span><br \/><span><br \/><\/span><span>I<a href=\"http:\/\/www.blogger.com\/blogger.g?blogID=20995189#editor\/target=post;postID=8335990650542095794\">n February of 2012<\/a>, the IRS provided a reprieve from merchant card reporting on business returns for 2011 Schedule C and Forms 1065, 1120S and 1120; however, the IRS plans to change its approach after 2012 returns are filed. The IRS has indicated that it plans to pilot a business-matching program that can address a large amount of small business noncompliance.<\/span><br \/><span><br \/><\/span><span><span>For discussion of how to handle Form 1099-K, <a href=\"https:\/\/smallbizsurvival.com\/2011\/09\/accept-credit-cards-important-change-to.html\">see our discussion from September 2011<\/a>.<\/span><\/span><br \/><span><span><br \/><\/span><\/span><span><span><br \/><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The IRS announced that it will start Form 1099-K matching in late 2013.\u00a0In February of 2012, the IRS provided a reprieve from merchant card reporting on business returns for 2011 Schedule C and Forms 1065, 1120S and 1120; however, the IRS plans to change its approach after 2012 returns are filed. The IRS has indicated [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[25],"tags":[26],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/116"}],"collection":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/comments?post=116"}],"version-history":[{"count":1,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/116\/revisions"}],"predecessor-version":[{"id":6983,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/posts\/116\/revisions\/6983"}],"wp:attachment":[{"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/media?parent=116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/categories?post=116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbizsurvival.com\/wp-json\/wp\/v2\/tags?post=116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}