Is the IRS Really About to Tax Your Venmo, PayPal, and Cash App Transactions?

Unknown October 04, 2021 0

Media outlets have been debunking claims that there’s a new tax on cash app transactions worth $600 or more. And while it’s true that it’s not a “new” tax as some viral social media posts might claim, new IRS regulations do make it easier for the agency to tax previously undisclosed income paid through apps like Venmo…

from Lifehacker

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