The IRS has relented to pressure and decided to delay imposing the new $600 reporting threshold for income from 3rd party apps like PayPal and Venmo.
The agency is charging new taxes on Americans who make a side income of more than $600 from activities like online selling or freelance work.
The IRS has relented to pressure and decided to delay imposing the new $600 reporting threshold for income from 3rd party apps like PayPal and Venmo.
The agency is charging new taxes on Americans who make a side income of more than $600 from activities like online selling or freelance work.