1099-K tax rules: What to know if you get paid via Venmo or PayPal
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
CNET on MSN2d
The IRS Starts New Tax Rule for Venmo, PayPal and CashApp. What You Need to Know
The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals ...
The IRS wants to know how much money you’re making online. They even have a new tax form for it
IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. Here’s what you need ...
Kiplinger2y
New IRS 1099-K Changes: What to Expect from PayPal, Venmo, More
When it comes to 1099-K forms, you may have heard about the “$600 rule.” This refers to reporting requirements that apply when payments you receive for goods or services through third-party ...
Opinion
Save the small-business deduction and reduce regulatory burdens on Main Street
I have practiced public accounting for 21 years and can tell you without doubt that the 20% Small Business Deduction has been the single most beneficial tax deduction for small business owners.
Kiplinger1y
Etsy, eBay, PayPal Want IRS 1099-K Relief for Online Sellers
Online shopping sites like Etsy, and eBay, and payment network PayPal, among other companies want Congress to change the new $600 reporting threshold for IRS Form 1099-K. The rule, which won't ...
CNET2mon
The IRS Starts New Tax Rule for Venmo, PayPal and CashApp. What You Need to Know
The IRS originally rolled out a plan to implement new reporting requirements for anyone earning over $600 via payment apps in 2023. After two years of delays, the tax agency has decided to ...