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If you use platforms like PayPal or Venmo to pay for services you would later like to expense, be aware that the government does not consider PayPal or Venmo goods and services payments as proof ...
A change to the tax code, set to take effect with the 2022 tax year, was designed to make sure that people who receive earnings via Venmo, Etsy or other third-party payment and credit systems...
Electronic payment processors like Venmo and PayPal have rapidly evolved over the past few years. Whereas most transactions used to remain relatively private, things officially changed this year on...
If you use PayPal, Venmo and other third-party payment networks, then you might get a 1099-K form from the IRS. This form reports transactions from third-party payment networks. And depending on ...
The U.S. government passed legislation for 2022 as part of the American Rescue Plan Act that forces online payment platforms like Venmo, PayPal, Stripe, and Square to report all aggregate business...
Although originally planned, the IRS announced that it's delaying a new tax reporting law for third-party payment services like Zelle, Cash App, PayPal and Venmo to report earnings over $600 to the...
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