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IRS Implements New Tax Reporting Rules for Payment Apps: What You Need to KnowThe IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...
If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...
The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals ...
A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...
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