beginning next year, taxpayers must report to the IRS transactions of at least $600 that are received through payment apps like Venmo, PayPal and Cash App. 

In an explainer posted online last month, the IRS warned small business owners about the $600 threshold for receiving Form 1099-K for third-party payments exceeding $600. 

Pardon My American podcast (PMA) is an opinion-based podcast that explores politics, entertainment, paranormal, and culture all while having a good laugh. They keep things lighthearted as they dive into subjects that inspire you to think and ask questions.

Support Our Sponsors

► Aura

► Ghostbed

► Fum

Support Our Show

► Website

► Buy Merch

► Patreon

Watch & Follow Our Show

► YouTube

► Rumble

► Rokfin

► Instagram

► Telegram