08.04.25 Subscriptions: A Clark Smart Assignment / Tax Update for freelancers & Payment Apps

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 4 August 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

In an ongoing breach of ethics to the lasting detriment of consumers, many subscription services make it virtually impossible to cancel. So there’s something you need to do before signing up for anything. Also - Clark breaks down IRS reporting requirements on payment apps -which aren’t becoming more stringent after all. If you’re a vendor, small contractor or do business via payment app, know what will trigger a 1099. Click To Cancel? We Wish: Segment 1 Ask Clark: Segment 2 Payment Apps & 1099s: Segment 3 Ask Clark: Segment 4 Mentioned on the show: One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe Cash Envelope System: How It Works Budgeting & Saving Archives - Clark Howard How To Take Your Score from ‘Good’ To ‘Exceptional’ Credit Karma Review: Free Credit Score and More at Your Fingertips Two tax reporting changes on tap for businesses, freelancers and payment apps like Venmo How to Start Investing: 10 Steps for Beginners Clark.com resources Episode transcripts Community.Clark.com / Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We've grown up surrounded by beauty ideals that promised confidence, but often delivered shame.
0:05.5	In a special episode of a millennial mind, I sat down with Nicola Adams to explore how
0:10.4	appearance-based compliments and body talk shape our self-worth without us realizing it.
0:15.9	In partnership with the Dove Self-Esteen project, we unpack the tools to change the conversation
0:20.6	for ourselves and for future generations. Listen now and download the... with the Dove Self-Esteen project, we unpack the tools to change the conversation for
0:21.1	ourselves and for future generations.
0:23.4	Listen now and download the free Body Confidence Journal at Dove.com forward slash Y2K.
0:34.7	It's great to have you here on the Clark Howard Show.
0:37.6	You know, our mission is to serve you with advice and information that empowers you
0:43.6	so you can make better financial decisions in your life.
0:47.9	I hope you started out this week by reading our daily newsletter from the team at clark dot com we've recently made additions to it
0:58.6	like daily stats that i really enjoy seeing in my inbox to subscribe so easy just go to clark
1:07.7	dot com slash newsletter and you know what this is important about what i'm going to
1:13.7	talk about straight ahead we make it really easy to sign up do you know we make it is equally easy
1:20.2	if you say i don't like this thing to unsubscribe as simple to cancel as it is to sign up.
1:28.8	Because I'm going to talk about that straight ahead.
1:31.3	And later, I've got a homework assignment for you.
1:35.8	Some good news for you on tax reporting changes.
1:40.3	Good stuff.
1:41.7	Okay.
1:42.7	So I was all excited last, I think it's last year, when it was initially
1:49.3	announced, we were going to have a new rule going into effect this summer that would require
	...

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