Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Americans are increasingly using apps like Venmo and Apple Pay for purchases, but a new study makes a strong case for going ...

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

The crypto market has recently undergone a significant upheaval, as 40,000 investors have divested from Bitcoin Cash (BCH) ...

Small businesses and freelancers using payment platforms like Venmo and PayPal will face ... “The idea is that this is for goods and services being sold for profit.” Each payment app is ...

Some popular payment apps include PayPal, Venmo and Cash App ... be reported on a 1099-K must be flagged as payments for goods or services from the vendor. When you select "sending money to ...

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

Whether you receive cash tips as part of your job in the gig economy or are giving a cash gift to a relative, you need to know when and how to report that money to the IRS. There are different ...

Common fraud schemes include when a consumer is scammed into sending money in exchange for nonexistent goods or services. It also includes fictitious ... in 2017 to launch EWS due to competition from ...