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 ...

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 ...

The IRS recently introduced a new rule, effective January 1, 2022, that required all third-party payment apps to report business earnings of $600 or more to the IRS with a 1099-K form. That means if ...

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.

PayPal was founded back in 1998, and since then, it’s revolutionized online payments between individuals, businesses, and online marketplaces. However, whenever an online service—and particularly a ...

The safest way to handle an FTC settlement email apparently from PayPal is to not click any links and instead go directly to PayPal's website.

Taco Bell customers are now able to pay for their meals via PayPal or Venmo when ordering through the chain’s app or website. The two services can also be added as a default payment option.

PayPal (NASDAQ:PYPL) announced on Monday a new way to send and receive money through a personalized, one-time payment link that can be shared in any conversation. Shares were +0.55% pre-market to ...