Shut Down by Stripe: What’s Next?

Have you received this vague email after you signed up with Stripe, disclosed your business type, and accepted payments for weeks to months using their platform? “Hi, Thanks for signing up with Stripe! Unfortunately at this time we will need to stop offering service for [your business]. Currently Stripe can only support users with a […]

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Biometric Payment Cards: The Next Level of Security

Soon, a new secure payment method will be at our fingertips.  Consumers in today’s age have a lot of passwords. We use them at work and in our personal lives. Every account login, PIN payment, security system—you name it—requires a password, and for good reason. We set them, update them regularly, hope nobody guesses them […]

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1099-K: History and Hints

Section 6050W of the IRS tax code came with the Housing Assistance Act of 2008 (although it’s completely unrelated to housing) and introduced us to the 1099-K. Known as the “Merchant Card and Third Party Network Payments” form, the 1099-K is an IRS effort to increase tax compliance and decrease the “tax gap,” or the difference […]

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