If I accept payments with Pepperlane, do I need to pay taxes?
The short answer is, yep. Whether or not you accept payments on Pepperlane, you are required to report your income and pay any applicable federal, state and local taxes if you make over a certain amount per year.
The nice thing about accepting payments via Pepperlane (and our secure payment processing partner Stripe) is that you'll have an easy record of your payment requests and transactions. You'll be able to see your payment request history on Pepperlane and your detailed transaction history in Stripe to help with tax reporting.
If you have questions about your personal tax situation, consult a tax professional for guidance.