May 18, 2024
IRS now pursuing your PayPal income | CNN Business

IRS now pursuing your PayPal income | CNN Business

IRS now pursuing your PayPal income

To help pay for the Biden Administration’s “American Rescue” Plan, the IRS has lowered the reporting threshold for Venmo and Paypal-style business transactions from $20K to just $600. Is the government now coming for you and the kid who mows your lawn?


06:23

– Source:
CNN

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