TAX

The $600 1099-K Rule: What’s True, What’s Not, and What Matters

Lumenor Advisory Group

Published on: 28/04/2026

Clarifying the confusion around the $600 Form 1099-K rule and what small business owners should actually focus on for accurate income reporting.

1099-K $600 ruleIRS 1099-K updatepayment app tax reportingsmall business income tax rules1099-K delay IRStax reporting requirements USA

1099-K Reporting: Why the Threshold Change Still Confuses Business Owners

Lumenor Advisory Group

Published on: 28/04/2026

A clear explanation of the 1099-K reporting threshold changes and what small business owners need to know about income reporting and compliance.

1099-K threshold 2024 2025IRS 1099-K rulespayment app taxes USAsmall business income reportingdigital payments tax

SALT Deduction Cap: What Recent Changes Mean for Your Business

Lumenor Advisory Group

Published on: 28/04/2026

Understand how changes to the SALT deduction cap impact small business owners and what strategies may help reduce overall tax liability.

SALT deduction capstate and local tax deductionSALT tax changessmall business tax strategypass-through entity taxtax deductions USA

Safe Harbor Rule: The Simplest Way to Avoid Tax Penalties

Lumenor Advisory Group

Published on: 28/04/2026

Understand how the IRS safe harbor rule works and how small business owners can avoid underpayment penalties through proper tax planning.

safe harbor tax ruleIRS underpayment penaltyestimated tax safe harboravoid tax penalties small businessIRS tax penalties rulesquarterly tax compliance

Newsletter

The $600 1099-K Rule: What’s True, What’s Not, and What Matters

1099-K Reporting: Why the Threshold Change Still Confuses Business Owners

SALT Deduction Cap: What Recent Changes Mean for Your Business

Safe Harbor Rule: The Simplest Way to Avoid Tax Penalties