AOL

PayPal Goods and Services: What It Is and How It Works

If you’ve ever bought something online or sent money using PayPal, you’ve likely come across the Goods and Services payment option. But what does it actually mean? And is it the best choice for your ...
WTVF

IRS cracking down on goods and services transactions through apps like Venmo, Zelle

NASHVILLE, Tenn. (WTVF) — Millions of businesses accept electronic payments for their services, but the IRS is cracking down on these types of payments, which include apps like Venmo, Paypal, Cash App ...
Washington Examiner

Venmo, PayPal, and Cash App to report business transactions exceeding $600 a year to the IRS

Third-party payment processors, including Venmo, PayPal, and Cash App, will be required to report business transactions of users exceeding $600 a year to the Internal Revenue Service, according to a ...
Fox Business

IRS warns Americans about $600 threshold to report Venmo, Cash App payments

The Internal Revenue Service issued a reminder this week for taxpayers to prepare to report transactions of at least $600 that are received through payment apps like Venmo, PayPal and Cash App. In an ...