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PayPal, Venmo, and other Cash App Users May Face a Bigger Tax Bill in 2023

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President Joe Biden’s administration implemented a change to the tax code earlier this year that impacts those who use services like Venmo, Etsy, StubHub, and Airbnb to collect money. The tax change was meant to ensure people are reporting all of their income to the Internal Revenue Service and will soon require…

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Source: gizmodo.com