1099-K Myths: Venmo & Paypal Payments

1099-K Myths: Venmo & PayPal Payments

There is a lot of rumors and misinformation going around about payment apps such as Venmo, Cashapp or Zelle, specifically when it comes to the IRS and what you will have to pay taxes on.   Under the American Rescue Plan, changes were made to Form 1099-K reporting requirements for third-party payment networks like Venmo and
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