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

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 ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

For Jenna and her peers in the sex work industry, cash is no longer king. With the rise of online platforms like OnlyFans, Fansly, SextPanther, payment apps like Venmo, PayPal, CashApp and Zelle ...

But for most people, carrying a Venmo balance is unnecessary and potentially risky. Here's why you likely don't need money in Venmo, and how to add funds if you decide you want to.

Some Venmo users will already see the new feature in their app if it’s the latest version, but it’ll be more widely available in the next few weeks. Kathleen Wong is a travel reporter for USA ...

Venmo has a $7,000 combined weekly spending limit and a weekly P2P limit of $60,000 for verified customers. PayPal offers more flexibility, with a $60,000-per-transaction limit and no limit on the ...

Meaning if customers or clients paid you at least that amount through Venmo, you will receive a 1099-K.