Posts Tagged ‘Biden Administration’
Ease of doing business vs. tax implications – PayPal, Venmo, etc. included in $600+ tax reporting.
Nothing will change in what is taxable and what isn’t. Transactions between friends are not. Payments for some services or products are. There are changes with favorite payment Apps – Paypal and Venmo – Paypal now owns Venmo. And both apps can now be used for Amazon purchases, per new agreements. Some 1099s may be…
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