Tackle tax season like a pro
CO— by U.S. Chamber of Commerce
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Welcome to Midnight Oil: Resources & Tips! This week's edition features tips for seamlessly wrapping up tax season, ways to drive sales and engagement, and a chance for your small business to win $25,000.
This is the condensed version of CO- by the U.S. Chamber of Commerce’s weekly Midnight Oil newsletter. Sign up to receive the full version packed with small business news you can use.
Top Tip of the Week
“Retailers must elevate their approach to personalized marketing and relevant communications that reach consumers wherever they are — and that’s everywhere, on every channel.” – Tim Mason, CEO of digital marketing brand Eagle Eye.
Are your tax forms all set for filing? The small business deadline is quickly approaching, and it is essential to make sure all of your documents are in order. With the new year came a new rule that all third-party network companies (e.g., Venmo, Amazon, PayPal, Square, etc.) must issue a 1099-K tax form for card payments exceeding $600.
Because the threshold for these payments has dropped from $20,000, many small business owners will likely receive this form going forward. Confused about how to use it? Here’s what you need to know about form 1099-K by the April 18 deadline (and beyond!) to take control of your small business taxes.?
Food for Thought
领英推荐
83.4 million U.S. smartphone users are expected to scan a QR code in 2022, with eMarketer projecting the number to rise to 99.5 million in 2025. Marketers are now leveraging the pandemic-fueled trend to drive sales and engagement for brands.
The CO— Corner
Apply for a chance to win $25,000 and celebrate the success of your small business by signing up for the Dream Big Awards. Applications close July 8.
Join us this Thursday at noon for a new episode of Start. Run. Grow. where we will discuss growth despite financial challenges, protecting your business from economic uncertainty, and more.
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