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				  1099-Ks: Small businesses face new penalties, paperwork for tax reporting 
				- 1099-Ks: Small businesses face new penalties, paperwork for tax reporting
 
				- February 01, 2013
 
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					Credit card issuers and third-party settlement organizations like PayPal are now required withhold 28 percent of gross receipts from merchants who have not given them the company’s correct information 
  
									
				 
			- View more at: http://www.creditcards.com/credit-card-news/small_business-tax-1099k-1275.php?aid=2741cce8&rss_lnk=25
 
			 
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