Por: Fox Business Business December 03, 2022
Check out what's clicking on FoxBusiness.com The issued a reminder this week for taxpayers to prepare to report transactions of at least $600 that are received through payment apps like , PayPal and Cash App. In an posted online, the IRS warned small business owners about the $600 threshold for receiving Form 1099-K for third-party payments exceeding $600. Beginning this year, third-party payment processors will be required to report a... + full article
Fox Business USA Business December 23, 2022
Sen. Mike Braun, R-Ind., explains the details regarding the IRS starting to send out 1099-K forms for some payments on ‘Fox Business Tonight.’ The Internal Revenue Service on Friday said that it is delaying by one year a targeting Americans who made more than $600 online... + más
Amazon Venmo Deal: Will Amazon Payments Boost PayPal? | Forbes
PayPal is trying to leverage its $4 billion deal for Honey with a new feature that combines cash-back rewards across the payments giant. Here's why it made the change ahead of the holiday season. | Business Insider
Newsweek USA Nation December 22, 2022
Frequent Venmo, PayPal and other mobile payment service users might see a lower tax refund in 2023, and they could even owe money if they sold taxable goods or services through the platforms in 2022.Part of the American Rescue Plan that President Joe Biden signed into law in... + más
Bankruptcy Court Holds EITC Refunds Are Not Exempt From Creditors In Bankruptcy | Forbes
Fox Business USA Business December 21, 2022
Sen. Mike Braun, R-Ind., explains the details regarding the IRS starting to send out 1099-K forms for some payments on ‘Fox Business Tonight.’ A targeting Americans who made money online through third-party apps like Venmo or PayPal could cause serious confusion for... + más
New York Post USA Business December 13, 2022
Americans who made money online this year could be in for a potentially brutal shock when they file their taxes in 2023. That’s because, beginning next year, taxpayers must report to the IRS transactions of at least $600 that are received through payment apps like Venmo,... + más
Why Zelle moves twice as much money as Venmo and the Cash App combined | MarketWatch
New York Post USA Opinion December 05, 2022
Sorry, hipsters. A recent says it all. “Sam Bankman-Fried: I don’t know where $10 billion went. The Pentagon: We don’t know where $2.2 trillion went. The IRS: You just sent $601.37 don’t forget to report it.” The Biden administration is recruiting 87,000 IRS agents,... + más
IRS Versus Dubious Conservation Easements In 2022 | Forbes
Employees or independent contractors? Fairness for America's gig workers must come from entrepreneurs, not government. | MarketWatch
Forbes USA Business November 06, 2022
Getty Images Key Takeaways Venmo was always meant for more than sending money to a friend after splitting the dinner bill. Now Amazon customers in the U.S. can use their Venmo account to make purchases on the e-commerce platform. Since PayPal owns Venmo, this is an excellent... + más
‘Delete PayPal’ searches spike after $2,500 misinformation fine controversy | MarketWatch
MarketWatch USA Business October 17, 2022
(Zelle said in a release that the “recent statements regarding Wells Fargo’s fraud and scam rates are inaccurate” and that more than 99.9% of payments made on the broader Zelle network are sent without being reported for fraud or scams.) All this attention apparently has... + más
Fraud, scam cases increasing on Zelle, Senate report finds | ABC News
Fraud, scam cases increasing on Zelle, Senate report finds | Orlando Sentinel
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