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PayPal & Venmo: The IRS may charge if used incorrectly

IRS law on $600 payments through cash apps impacts rich Americans
There are new rules in place for using payment apps like Venmo and PayPal thanks to the IRS. If you have over 200 transactions worth over $20,000 per year, you were subject to these rules ... more
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IRS: PayPal and Venmo amounts to report on taxes

IRS law on $600 payments through cash apps impacts rich Americans
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
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IRS report: $600 CashApp, PayPal transactions

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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
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