Do you need to include payments from third-party processors like Venmo and PayPal in your tax filings?
If you have received $20,000 from over 200 transactions through third-party payment processors, like Venmo, you'll need to report this information to the IRS.
Made money on Venmo or PayPal last year? What you need to know about your taxes
A controversial new tax-reporting policy involving payments on e-commerce platforms like eBay and Etsy will begin to go into effect in 2024, the IRS said.
Manhattan DA Alvin Bragg calls for cash apps to crack down on fraudsters
Manhattan District Attorney Alvin Bragg calls for leading digital payment apps, including Venmo, Zelle and Cash App, to strengthen user's security safeguards amid an uptick in crime.
Parents shift to Venmo, PayPal, Zelle to pay teens
Your teenager isn't likely to turn down cash, but a trend is emerging that has kids and parents shifting toward digital payment apps. FOX Business dives into the trend.
Money kept in PayPal, Venmo, other payment apps less safe than if stored in banks, CFPB warns
The Consumer Financial Protection Bureau issued an advisory Thursday warning that funds stored in payment apps like PayPal and Venmo are not federally insured, unlike bank deposits.
Tax reporting nightmare creates a 'disaster' scenario for Americans: Reform expert
Americans for Tax Reform President Grover Norquist warned millions of taxpayers will face a "disaster" scenario with the IRS' new rule on third-party payment apps.
Biden's weaponized IRS is coming for your Venmo account
Biden's rogue IRS's new target is anyone who uses PayPal, Venmo, Cash App, or the like for more than $600 worth of transactions.
Gays Against Groomers says Venmo, PayPal shut down accounts for 'violating' user agreements
PayPal, Venmo have suspended the accounts of Gays Against Groomers, an organization that opposes the "indoctrination, sexualizing and medicalizing" children.
PayPal, Venmo raise fees on cryptocurrency trades of up to $200
Effective Monday, cryptocurrency trades between $1 and $4.99 will incur a charge of 49 cents, while trades between $5 and $25 will be charged 99 cents, trades between $25 and $75 will be charged $1.99 and trades between $75 and $200 will be charged $2.49.
What information does the IRS collect from taxpayers on Venmo, PayPal?
With tax season officially underway, Americans should be on the lookout for new laws that could affect their taxes.
Venmo, PayPal and Cash App to report payments of $600 or more to IRS this year: What to know
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cashapp could be subject to a new tax law that just took effect in January.
Venmo raising and adding fees
Venmo will soon be adding fees for some previously-free services and hiking existing fees on others, the mobile transaction service informed its customers.
PayPal developing cryptocurrency withdrawal function for third-party wallet transfers
Paypal's general manager of blockchain, crypto and digital currencies, Jose Fernandez da Ponte, said during Coindesk's Consensus 2021 Conference on Wednesday that the payment company is currently developing a withdrawal function.
Venmo unveils its first-ever credit card
Venmo is debuting its Venmo Credit Card after a much-anticipated roll out since the company made the announcement last year.
Virginia Beach waitress surprised with $650 tip through viral 'Venmo challenge'
An Ohio man vacationing in Virginia Beach, Virginia, surprised his waitress with a $650 tip raised through Venmo.
Venmo to roll out its own credit card in 2020
Venmo will bringing along its first credit card in 2020.
Venmo texting scam: Here’s what you need to know about the new con
A new scam is going around where Venmo users are being asked to send personal financial information over text, officials have warned.
Venmo woes pile up following FOX Business report
The use of Venmo has made dealing with money – and all the messy human interactions that go with it – well, less human.
For millennials, Venmo is an emotional wrecking ball
The payment app is great technology but bad for millennials' mental health.
Keeping an accidental Venmo could become a crime in New Jersey
A new bill, introduced on Jan. 15, establishes that the failure to return an accidental person-to-person electronic transfer is theft.