Services like Venmo are starting to report transactions over $600 to the IRS October 18, 2022 10:38 amOctober 17, 2022 9:55 pm
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. June 9, 2022 7:43 pm
Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS January 5, 2022 10:04 pm
