3 min. read The Internal Revenue Service (IRS) is warning American taxpayers that they need to report any transactions that use “third-party” facilitators like Venmo, PayPal, Zelle, and Cash App that are at least $600 in value. On Tuesday, the IRS shared tips advising U.S. businesses that make $600 or more annually from payments received through “third-party” networks […]
Source: IRS Warns Americans Over $600 Threshold to Report Venmo, PayPal Payments