Small business owners who use services like PayPal and Venmo for payments previously could, in theory, avoid paying taxes on money earned there if they made less than $20,000. But a new IRS rule is changing all of that. No worry for billionaires, this won’t change anything for them.

by pacmanpill

IRS cracking down on the local business instead of multi-million dollar cooperations is the last straw to show how f*cked we are.

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

0 views