Report post
The content mentions strategies to avoid IRS tax reporting for Venmo, Paypal, Cashapp, and Zelle transactions. Specifically, it focuses on the $600 threshold change for 1099-K forms. The IRS reporting law requires payment platforms to report transactions over $600 to the IRS. However, there are discussions about loopholes or uncertainties regarding Zelle payments and whether they fall under the new 1099-K rule. A CPA is referenced as a source of information.

The World's Leading Crypto Trading Platform

Get my welcome gifts