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New tax rules might apply to you if you're getting paid on Venmo, Cash App
If you use payment apps like Venmo, PayPal or CashApp, the new year ushered in a change to an IRS tax reporting rule that could apply to some of your transactions. The new rule, which took effect ... Read More
IRS Scrutiny on PayPal and Venmo Transactions: What You Need to Know
The rise of digital payment platforms such as PayPal and Venmo has transformed how Americans handle money, from splitting dinner bills to selling handmade crafts. However, the IRS is now paying closer ... Read More
Use Venmo, PayPal? Why you're being sent a 1099-K this tax season
If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ... Read More
What Payment Apps Report to the IRS? A Comprehensive Guide for 2025
A check mark. It indicates that the relevant content has been reviewed and verified by an expert This story has been reviewed by a professional to ensure you get the most accurate and useful ... Read More
GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments
One supporter of a lower threshold for 1099-K tax forms says the issue could come back in the future due to the massive growth in gig work With more than 1,000 pages of text, the version of the ... Read More
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