Republicans Protest Biden's IRS Threshold Requirement for Online Purchases cpapracticeadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cpapracticeadvisor.com Daily Mail and Mail on Sunday newspapers.
Taxpayers will have to report Venmo, PayPal and other third-party payment app business transactions that exceed $600 to the IRS in their 2021 tax returns. It doesn t apply to casual use of the apps.