You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.
Learn how to send money to someone without a bank account using safe, fast and affordable transfer options for any situation.
The use of physical cash is steadily declining. Instead, people are opting for digital wallets that offer secure, fast, and hassle-free transactions. These mobile applications store payment details ...
Scholar argues for CFPB regulation of digital wallet companies.
The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.
Some examples of nontaxable transactions include: Money received from a family member ... resell them for a profit via PayPal or another digital payment app, then earnings over $5,000 will ...