Joseph Livingston+FollowVenmo Side Hustlers: IRS Gives You a BreatherIf you’ve been sweating over splitting brunch bills or selling old sneakers on Venmo, here’s some good news: the IRS is hitting snooze on that scary $600 reporting rule until 2026. Now, you won’t get tax forms unless you cross $2,000. But heads up—this isn’t a forever pass. Use this time to tidy up your records and keep personal and business cash separate. Future-you will thank you when the rules finally tighten! #Business #MakeMoney #VenmoTips00Share
Christine Baxter+FollowVenmo $600 Rule: Should You Freak Out?Heard the buzz about the $600 Venmo rule? Here’s the deal: If you get over $600 for side gigs or selling stuff through apps like Venmo or PayPal, you might get a tax form (1099-K). But don’t panic—this isn’t a new tax, just more paperwork. Everyday paybacks between friends aren’t what the IRS is after. If you get a form, just double-check your transactions and keep good records. Most people end up owing nothing extra! #Business #MakeMoney #VenmoTips10Share