If you receive over $10,000 in cash during two or more transactions with one buyer in a 24-hour period, you must treat the transactions as one transaction and report the payments on Form 8300. More ...
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MyChesCo on MSNPennsylvania Lawmakers Advance Bill to Ensure Cash Payments at School EventsThe House Commerce Committee has unanimously approved legislation designed to make cash an acceptable form of payment for ...
A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...
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