April 26, 2024

AndronETalksNews

AndronETalksNews

IRS Targets Your Side Hustle in Crackdown on Transactions Over $600

Bloomberg Quint

By Jennifer Surane – 02:05 AM IST, 13 Jan 2022 10:18 AM IST, 13 Jan 2022

(Bloomberg) — It just got harder to hide from the IRS.  Starting this month, users selling goods and services through such popular sites as Venmo, Etsy and Airbnb will begin receiving tax forms if they take a payment of more than $600. One by one in recent months, tech giants have been warning users of the coming changes and asking them to provide tax information.  “Until this year, the threshold

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