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If small businesses have any questions about their tax obligations, we recommend they contact a tax professional,” Fintland added. She also said that purchases made through Zelle do not come ...
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...
Zelle has long argued its fraud and scam rates are low. It processed $629 billion worth of payments in 2022, according to the network, with 99.9% of transfers made without a fraud or scam report.
Official emails from your U.S.-based bank should not originate overseas. If it's a text warning you about Zelle fraud, do not reply to the text. Call your bank's fraud hotline instead.
A Zelle spokeswoman had a similar take in an email to Bloomberg, saying that payments sent through its network “are not subject” to the new IRS law. Take Our Poll: How Much of a Tax Refund Do ...
The new IRS rules are fairly straightforward. As of Jan. 1, payment platforms like Venmo, PayPal and Zelle must report to the IRS the transactions of anyone who receives $600 or more per year in ...
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From: IRS Reply-To: "noreply@girs.com" Subject: Tax Notification Our Ref. S/11434/12 Your Ref. 18B/765/12 NOTICE OF TAX RETURN FOR YEAR 2011 Dear Taxpayer, I am sending this email to announce ...