PayPal reported Q2 earnings and revenue that topped consensus estimates. The company upped its full-year earnings guidance for PayPal stock.

The ability to hold cryptocurrency in one's Venmo account only applies to cryptocurrency purchased on Venmo, meaning you can't transfer bitcoins or other cryptocurrency from other sources into ...

Meaning if customers or clients paid you at least that amount through Venmo, you will receive a 1099-K. The threshold for the 2025 tax year will go down to $2,500 minimum, with the $600 threshold ...

Venmo also offers a contact form for users who have received a request they aren’t sure about, and a mechanism to report suspected scams. Make sure to stay alert to fraud when using Venmo.

That switch will also mean Venmo will begin charging merchants fees amounting to 1.9% of the transaction plus 10 cents, which Recode reported hasn’t exactly gone down well with small business ...

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, PayPal and Cash App.

Starting Aug. 2, Venmo will charge 1.5% on instant transfers up to maximum fee of $15. And if you use it to accept payment, you'll be charged 1.9%.

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, PayPal and Cash App. In an explainer posted ...

Instead, the IRS will treat 2023 as "an additional transition year," meaning that payment apps will not be required to send users Form 1099-K unless their gross income exceeded $20,000 or they had ...