Tag: New IRS Tax Rule
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Cash App Payments: New IRS Tax Rule Lowers Minimum Reporting Threshold From $20,000 To $600
The new IRS tax rule lowered the minimum reporting threshold on Cash App payments from $20,000 to $600. New IRS Tax Rule Reduces Minimum Reporting Threshold for Cash App Payments The new IRS tax rule aims to reduce the minimum reporting threshold for Cash App payments from the previous $20,000 minimum to $600 for every…