Taxpayers Beware: Apps Like Zelle, Cash App, and Venmo Will Trigger an Audit if Your Numbers Don’t Match
Workers in the gig industry need to take notice of the new forms they will receive at the end of the year. The American Rescue Act, enacted in 2021 by a Democratic-majority Congress, significantly alters the taxation of Americans who are paid through third-party organizations. Cash App, Venmo, and PayPal are among the companies mentioned.