Tech

New IRS rules require small businesses and resellers using apps like Venmo to report transactions of $600 or more that cause objections from business groups, others (Alan) Rappeport/New York Times)



Alan Rappeport / New York Times:

New IRS rules require small businesses and resellers using apps like Venmo to report transactions of $600 or more that cause objections from business groups, others— Users of digital wallets and e-commerce platforms must start reporting small transactions, instilling fear among small business owners.




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