08.04.25 Subscriptions: A Clark Smart Assignment / Tax Update for freelancers & Payment Apps
Subscriptions: A Clark Smart Assignment / Tax Update for freelancers & Payment Apps
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Show Notes
In an ongoing breach of ethics to the lasting detriment of consumers, many subscription services make it virtually impossible to cancel. So there’s something you need to do before signing up for anything. Also - Clark breaks down IRS reporting requirements on payment apps -which aren’t becoming more stringent after all. If you’re a vendor, small contractor or do business via payment app, know what will trigger a 1099.
- Click To Cancel? We Wish: Segment 1
- Ask Clark: Segment 2
- Payment Apps & 1099s: Segment 3
- Ask Clark: Segment 4
Mentioned on the show:
- One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe
- Cash Envelope System: How It Works
- Budgeting & Saving Archives - Clark Howard
- How To Take Your Score from ‘Good’ To ‘Exceptional’
- Credit Karma Review: Free Credit Score and More at Your Fingertips
- Two tax reporting changes on tap for businesses, freelancers and payment apps like Venmo
- How to Start Investing: 10 Steps for Beginners
Clark.com resources
- Episode transcripts
- Community.Clark.com / Ask Clark
- Clark.com daily money newsletter
- Consumer Action Center Free Helpline: 636-492-5275
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