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IRS demands 10-99 for transfers over $600

Posted: Sun Jan 02, 2022 7:27 am
by semkins
Starting Jan1 USA has announced that they are sending in anything high then $600 a year to the IRS. This has to to with either receiving money or sending it out. The has been brought up to be delt with the flowing platforms....

    zelle, PayPal, cashapp, Venmo, and any other 3rd party platform


For all the verified PayPal transfer guys one here. Could you give us some insite on how your next aproch to this problem is going to be delt with "and or how ?

Will your PayPal transfers be affected by this Change ?