Merchant Payments
As you may know, the IRS requires that all credit card processors report gross credit card sales for merchant customers on an annual basis. We are quickly coming upon the time of year that this happens and 1099-Ks will be mailed to customers by 01/31/2017.
1099-Ks are a statement of payment card gross sales that are reported to the IRS as required by federal law. You may wish to provide the 1099-K to your tax preparer.
Coming soon, Wind River Financial is building a website where customers can download a copy of their 1099-K, opt-in to electronic delivery in the future, and other functions. We will communicate when this feature is available.
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