Keep It Personal – Classify Your Online Payments Properly or Face the 1099-K

The 1099-K originates in business transactions performed using online payment systems like PayPal. The situation changed for everyone starting January 2022, eliminating a potential tax loophole for small businesses and creating substantial more risk for personal use.

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Living Economics: Marginal Cost and Utility on the Production Possibility Frontier (PPF)

The PPF is a model or graph demonstrating the trade-off involved in shifting production between two products where all resources are already in use. This article incorporates clear charts and examples to demonstrate how the PPF works.

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