You can't hide Venmo and Cash App from the IRS

Name: You can't hide Venmo and Cash App from the IRS
Duration: 56 s
Description: The IRS now tracks digital payment apps and issues 1099s, so separate personal from business transactions.

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If you've been using Venmo, Cash App, or PayPal thinking the IRS wasn't paying attention, that's changing. TJ explains how every transaction builds toward a 1099 and walks through how to properly separate personal from business use so you're not stuck claiming income that wasn't actually income.

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