10/18/2026
Quick tip for small business owners who get paid by app or card reader. 📱
Payments through Venmo, PayPal, Cash App, Zelle, or a card reader are business income whether or not you ever receive a Form 1099-K. Keep business payments separate from personal ones, download your app reports each month, and mark refunds, fees, and personal transfers so they aren't counted as sales. Platform fees are usually a deductible business expense, so keep those records too.
Educational only: check with your tax pro about your situation.
CPAcloud9 helps small businesses across DFW (Dallas-Fort Worth), TX with bookkeeping and tax filing. Questions? Send us a message.
Taxes done right with CPAcloud9