[ghaff]

I don't know what the law is. Years ago, but I've been paid for doing a focus group in cash. So there's presumably some threshold where you can just have essentially a petty cash business expense.

Obviously meals and so forth as well. (And, assuming the law hasn't changed, US government employees have to pay for even a modest meal at a company's executive briefing center.)

OTOH, I've had 1099s for even very modest side-consulting revenue.

[giaour]

> So there's presumably some threshold where you can just have essentially a petty cash business expense.

$600

[ghaff]

How surprisingly sensible. :-)

[grepfru_it]

Except now the IRS will be watching bank accounts for any transaction totaling over $600 to combat this loophole. Good luck!

[ghaff]

They don't need to watch bank accounts. Companies are supposed to issue 1099s for payments over $600.

[grepfru_it]

https://www.cbsnews.com/amp/news/irs-bank-account-update-cha...

[arjvik]

Documented anywhere?

[giaour]

https://www.irs.gov/forms-pubs/about-form-1099-misc