Hey barbers! If you’re using Mobile Pay, let’s talk about something crucial—TAXES (yeah, we know… but trust us, this is key! 😉). Whether you’re using your Social Security Number (SSN) or Employer Identification Number (EIN), here’s the breakdown!

🔍 SSN vs. EIN – What’s the Deal?

When signing up for Mobile Pay, you’ve got options:

✅ SSN – Use your personal Social Security Number.

✅ EIN – Use a business tax ID (some cases require an SS-4 Letter for verification).

If you’re running a registered business, using an EIN could be the way to go! Thinking about switching to a business account? We’ve got you! 🚀 Just provide IRS documents like your SS-4 Letter, and we’ll help convert your individual account into a business account—quick and hassle-free! ✅ Reach out via email or in-app under Help & Resources to get started! 📩

💸 Tax Reporting Threshold – Who Needs to File?

If you process over $20,000 and 200 appointments via Mobile Pay, your tax info will be reported to the IRS. Once you hit that mark, make sure you’re prepped!

📄 1099 Forms from Stripe – How You Get Your Tax Docs

Since Mobile Pay runs through Stripe, they handle tax reporting for you! If you meet the $20K threshold, you’ll receive a 1099 form:

📬 Delivered manually—keep your contact info updated in the app!

📊 Income Reports – Even if You Don’t Hit $20K!

Not at the $20K mark? No worries! You still get access to income reports to help fill out a 1099 form if needed.

✅ Stay Informed. Stay Compliant. Stay Winning!

Understanding the tax game is part of running a smooth biz. Track your earnings, know the rules, and set yourself up for success! 💯

📩 Need another copy of your 1099 form or income report? No problem! Reach out via email or in the app under Help & Resources, and we’ll get you sorted! 💪🔥

Got questions? Drop them below! ⬇️💬