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2. Taxes 2024: Venmo & Cash App Won’t Be Sending 1099’s - AOL

   www.aol.com/finance/taxes-2024-venmo-cash-app...

   Receiving 1099-K Forms can simplify tax returns for freelancers: Currently, you receive a 1099-NEC form from each client or entity that pays you $600 or more each year if you’re self-employed ...

3. How freelancers can prepare for changing tax requirements - AOL

   www.aol.com/news/freelancers-prepare-changing...

   For the current tax year, freelancers and small business owners still only need to use 1099-K forms to report third-party app payments totaling $20,000, and any number of payments above 200.

4. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...

5. Zelle tax ‘loophole’ utilized by small businesses could be ...

   www.aol.com/zelle-tax-loophole-utilized-small...

   Under that rule, third-party payment processors such as Venmo and PayPal must issue 1099-K forms to any users who receive more than $600 in payments via their apps and also file them directly with ...

6. How To Avoid Accidentally Paying Tax on Money Received ...

   www.aol.com/finance/avoid-accidentally-paying...

   Since the Internal Revenue Service reported that third-party payment processors will be responsible, starting in 2022, for reporting payments issued on a 1099-K form, people who use these ...

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