I couldn't disagree with you more. You're advocating the commission of fraud. Groupon sends 1099K's with inexplicable numbers. So you understand: groupon sells coupons on your behalf, payment is made to groupon, the coupons are redeemed in your business. Groupon then sends you approx. 50% of the proceeds. So, if they sell 100 $50 coupons, you SHOULD receive approx. $2,500. But it's more complicated than that. They sell coupons, then people get refunds - as the merchant you have no idea, never saw any money, never refunded any money, nothing. Then they pay 80% of your take at 30 days, then the remaining 20% six months later. Then they don't pay you unless a coupon is redeemed, so you have say 25% of sold coupons where Groupon is sitting on the full amount, and you never receive payment. So, at the end of Jan, you get a 1099k from them for $5,700 (the sold 114 coupons, refunded 14 of them, 25 of them were never redeemed at your business). You look at payments received from Groupon in your bank account and it's showing $1,700. Any accountant that tells me to just trust Groupon and report $5,700, then make up deductions to get numbers to match is OUT OF HIS/HER MIND.
