WHAT'S THE NEW RULE?
UPDATE ON 3RD PARTY PAYMENT APPS
The IRS has a new rule regarding 3rd party payment apps like Venmo, Cash App, Zelle, and others delayed.
If you received $600 or more in revenue through Venmo, PayPal, Cash App, Zelle, or other third-party payment apps, these platforms will be required to report your income to the IRS.
Does not affect 2022 tax returns.
Call us today for assistance at 1-888-51-TAXES.