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Venmo, PayPal and Cash App will Now Report Transactions Over $600 to IRS

Third-party payment processors are now required to report anything over $600, a significant drop from the $20,000 previously required.


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3 responses to “Venmo, PayPal and Cash App will Now Report Transactions Over $600 to IRS”

  1. “Nobody will pay a single penny more in taxes” – some demented old pedo

  2. Woofer says:

    people without jobs need money and services provided to them by the government with tax money from people who actually work. you know, “fair”.

  3. Turk_Longwell says:

    What the F does fair share mean!? Michael, please explain, Sir. The whole thing that businesses and people need to pay “their fair share” makes no sense to me. Am I the only one?