Venmo, PayPal and Cash App now have to report transactions totaling more than $600 🧐 #potus #thirdpartyapps
Venmo, PayPal and Cash App now have to
report transactions totaling more than $600 🧐
This has been a challenging time for Americans, small businesses middle class and unemployed/underemployed to say the least. From the pandemic to raised taxes, gas prices, grocery cost and now this administration wants to go further into your pocket and tally up your third party app earnings for more taxing. Many have relied on side gigs to stay afloat while working at 9 to 5 jobs but with this new tax what does the demographic listed above have to look forward to?
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