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Why PayPal, Venmo, and Cash App sending 1099’s to IRS about you is really NOT a problem! (Full)
Video Credit: Rumble
Published on December 21, 2022 - Duration: 31:23s
Why PayPal, Venmo, and Cash App sending 1099’s to IRS about you is really NOT a problem! (Full)
Starting in 2003, IRS is requesting PayPal, Venmo, CashApp and other private money transfer companies that individuals use to transfer money to each other, to issue an IRS Form 1099 to the IRS for anyone who received more than $600 a year through that service provider.