If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

The Internal Revenue Service (IRS) is set to introduce a pivotal change in income reporting through third-party payment apps.

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might be ...

Entry into force: October 7, 2024. Allocation of reimbursement: Cost to be shared 50/50 between sending and receiving PSPs. Consumer standard of caution exception: The standard encompasses four ...

Did you make over five grand on a marketplace app? Maybe you're an Uber or Lyft driver and you make some money on the side. Or you sell baked goods or do hair on the weekends, and customers pay you on ...

Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income through ...

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Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

After a fraudulent $99 charge hit her PayPal account last month, Robin DesCamp encountered one frustrating bump after another as she navigated the world of digital payment app policies. She flagged ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. In the last decade, payments have undergone a series of ...