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Some people have also reported receiving calls from scammers stating that their utility bill is overdue and to avoid disconnection, a payment via Zelle is required immediately. How To Avoid This Scam:
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 ...
People can't collect money through Zelle without enrolling their U.S. bank or credit union account into the system. ... Roundy said, don't use a Zelle address sent in a text to pay a bill. If you ...
The Zelle service is intended for payments to those whom the payer already knows and trusts and the service disclaims any responsibility for goods and services sold through the system. [24] [25] Zelle uses ACH to settle the payments overnight, similar to direct deposit. [26] Zelle users can send money to other registered Zelle users.
In 2021, lawmakers included a change to the tax law in the American Rescue Plan that requires third-party network transactions to note and report all payments greater than $600 sent through their...
It consists of an increased rate of 0.5% of the unpaid tax for every month or part of a month in which remains, so that is applied on the total amount of the due tax, and this addiction cannot exceed, in any case, the 25% of the total amount of the unpaid taxes. Penalty for failure to pay estimated taxes: in the American tax system, the ...
The alert warns of Zelle scams on Facebook Marketplace in which a fraudulent buyer attempts to buy a big-ticket item using Zelle, the popular peer-to-peer lending app, to make payment. See: 9 ...
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