For tax year 2024, the threshold to receive Form 1099-K for payments through payment platforms is $5,000. The IRS considers money paid through the platforms for goods and services as income, even when ...

The IRS is giving a break to People who received more than $600 via Venmo, PayPal or other payment apps this year. The agency on Tuesday said it is again delaying the implementation of a 2021 law that ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

If you're a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third-party ...

Venmo and PayPal are two popular services for sending and receiving digital payments. They have a lot in common — PayPal even owns Venmo — but there are also some key differences between them.