Elle Virtual Suites

📢Beauty Professionals read caption🚨🚨 and follow

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If you’re getting paid through third-party apps:
Cash App.
Square.
Stripe.
PayPal.

You may receive a 1099-K.

And that form reports your gross payments.

Not your profit.
Not what you spent on supplies.
Not your booth rent.
Not processing fees.

Just the total that hit your account.

So if $40,000 ran through your apps…
That’s what the IRS sees first.

Your taxes tell a story.

And if your return doesn’t match what those payment apps report?
That’s when confusion starts.

I’m not saying panic.

I’m saying track your money.
Separate business from personal.
And don’t file like you “just had a little side hustle.”

Beauty pros your business is real.

📥 SAVE this as your simple reminder

Merry Christmas🎄❄️

We appreciate all our tenants, staff and clients. May you all have a wonderful holiday season🙏 Another year down, looking forward to what the new year brings❤️