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You Could Owe Taxes This Year if You're Paid Through Venmo, PayPal or Cash App. Here's Why
If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...
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Tax tips and updates for 2025 filing season
The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...
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Many crypto investors’ transactions this year will be reported to the IRS for first time
it is worth knowing that 2025 will mark the first tax year that your crypto transactions will be subject to third-party reporting requirements — meaning information on them will be sent to the ...
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You Could Owe Taxes This Year if You're Paid Through Venmo, PayPal or Cash App. Here's Why
lifting the reporting threshold to $5,000 for the 2024 tax year. "The taxation and tax treatment requirements for taxpayers have not changed," said Mark Steber, chief tax information officer for ...