Sites like Venmo and PayPal now must report business transactions to the IRS when they total $600/year. Congress updated the rules in the American Rescue Plan Act of 2021. The tax-reporting ...
As of Jan. 1, mobile payment apps like Venmo, PayPal and Cash App are required to report commercial transactions totaling more than $600 per year to the Internal Revenue Service. The change to the tax ...
After tacking on a decade to its Chicago office lease, mobile payment giant PayPal is trying to unload almost a third of its space as it joins the crowd of companies rethinking their real estate ...
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