The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31007
Likes: 52333


There is some talk about requiring venmo to report transactions


over $600 to the IRS. While I think that threshold is too low, apparently the argument against lowering the threshold was small businesses use venmo and it’s a good way for them to transact without having to worry about record keeping or reporting to the IRS.

(In response to this post by Plano Hoo)

Posted: 01/17/2022 at 4:24PM



+1

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Current Thread:
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