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IRS: Tax rule changes to payment apps PayPal & Venmo explained
With the American Rescue Plan and all its stimulus money came new rules for the IRS and digital cash apps. These rules are going to impact those who make money through PayPal, Venmo, and other ... more
IRS: PayPal and Venmo amounts to report on taxes
If you have a PayPal or Venmo account, it's important to know you'll soon need to report certain amounts to the IRS for tax purposes. Many Americans work for themselves, and the easiest way to ... more
IRS report: $600 CashApp, PayPal transactions
Electronic payment services like CashApp or Pay{al will now need to report transactions over $600 to the IRS under new rules. This includes Venmo, PayPal, Zelle, and Cash App. From Jan. 1 on those services ... more
Will IRS get tax refunds, stimulus payments arrive by December? Will bank, Venmo, or CashApp transactions be targeted in 2022?
Is the IRS going to get all tax returns and refunds processed by the end of the year? Will they finally be given the chance to go after those who use payment platforms like CashApp ... more
