If You Made Money via PayPal, Venmo or Cash App in 2024, Get Ready for This IRS Tax Change
This tax season, freelancers and side hustlers may receive an unfamiliar form in the mail — IRS tax form 1099-K. After two years of delays, the IRS is finally implementing a tax reporting change, which requires third-party payment apps like PayPal, Venmo and Cash App to issue a 1099-K for anyone who earns self-employment income … Read more