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 ...
Americans who earned money online last year have temporarily escaped a brutal tax shock this year. The Internal Revenue Service (IRS) said in November that it was again delaying a controversial tax ...
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 ...
The Internal Revenue Service is delaying a tax-reporting rule that would have required payment platforms including eBay and PayPal to send out scores of potentially confusing tax forms to their users.
SAN JOSE, Calif., Oct. 6, 2025 /PRNewswire/ -- PayPal today announced that U.S. customers will earn 5% cash back on PayPal Buy Now Pay Later (BNPL) purchases between now and the end of the year 1. As ...