The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...
Many Americans will be seeing a much smaller tax refund this year. This comes after years of record-breaking tax refunds. The ...
But not quite yet. Last month, the IRS issued official notice that for calendar year 2024 the dollar-limit threshold would drop to $5,000 and further announced the 2025 threshold would be $2,500.
In a recent press release, the IRS confirmed that third-party payment platforms (PayPal, CashApp, Venmo, Zelle, and others) ...
The IRS has confirmed that PayPal, CashApp, Venmo, and Zelle will soon report transactions above a certain amount. For 2024 or 2025, the limit is $5,000. For 2026 and beyond, it drops to $600.
According to a statement of facts made by South Hadley Officer Karl Kapinos, shortly after 1 p.m. that day a woman walked into the bank and passed a note to a teller that said, “Put $5,000 cash ...
Hall also must pay a $5,000 fine plus court fees and costs ... She said Hall harassed her through emails, texts and messages via CashApp, the affidavit states. She also alleged numerous instances ...
He paid the women using through online services such as PayPal, Venmo and CashApp and with cash or check ... One woman who ...