If you're one of the millions of creators who sell items through online marketplaces such as eBay, Etsy and Facebook Marketplace — there are more than 8.1 active sellers on Etsy alone, according to to ...

Under a new federal law enacted in 2021 (the “American Rescue Plan” or the “New Law”), Venmo, Pay Pal, Cash App, Etsy, eBay and other e-commerce platforms are now required to send individual users ...

(NewsNation) — Fewer side hustlers who get paid through such apps as Venmo or PayPal will get a tax form this year, but the IRS still expects them to report the money they made. “Even if you don’t get ...

Add Yahoo as a preferred source to see more of our stories on Google. Selling on the likes of Etsy and eBay? The IRS doesn't want you to forget its share from your wares. Under the American Rescue ...

Portland, OR, USA - Jan 5, 2022: Third-party payment apps now have to report transactions more than USD600 to the IRS. Taxpayers who engage in online sales may have dodged a reporting bullet in early ...

A Form 1099-K reports the gross amount of payment transactions from credit cards, digital payments, and other platforms that manage payments between two parties. — Getty Images/Compassionate Eye ...

If you’re a freelancer, business owner, or just have a small side hustle, you should know about the new tax requirement this year for electronic payments through Venmo, PayPal, online marketplaces and ...