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Will IRS get tax refunds, stimulus payments arrive by December? Will bank, Venmo, or CashApp transactions be targeted in 2022?

Is the IRS going to get all tax returns and refunds processed by the end of the year? Will they finally be given the chance to go after those who use payment platforms like CashApp or Venmo? Last month Democrats proposed that the IRS be able to scrutinize all bank transactions of $600 or more. According to the Biden administration, the goal was simple: Get the wealthy to pay their fair share.
U.S. POLITICS
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thv11.com

New IRS rule will affect cash app users: What to know

CHARLOTTE, N.C. — Cash apps, including PayPal, Venmo and Zelle, will be subject to new tax rules starting Jan. 1, 2022. The Internal Revenue Service (IRS) wants to know who is using these apps and how much they're sending or receiving. The previous threshold for these apps was $20,000. Starting next year, the IRS wants to know about everything over $600.
CELL PHONES
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TRENDING TOPICS
Union Leader

Concord High School teacher gets 42 months in prison for sex crimes

A judge sentenced a former Concord High School teacher to 3 1/2 years in state prison for sex-related crimes involving a student at the school. Manchester resident Joshua Harwood, 39, could have seven months shaved off his sentence if he successfully completes a sex offender treatment program in prison, said Deputy Merrimack County Attorney George Waldron, the prosecutor in the case.
MERRIMACK COUNTY, NH
Republic

Former East wrestler paralyzed after car accident

Former Columbus East wrestler Aaron Cepeda is recovering in a San Diego hospital a little more than a week after a car accident that has left him paralyzed from the waist down. The 2020 East graduate has been stationed with the Marines. His mother Jennifer, an English teacher at Central...
COLUMBUS, IN
ABC 33/40 News

Tuscaloosa Community Soup Bowl gears up for Thanksgiving meal project

Tuscaloosa’s Community Soup Bowl plans to feed hundreds of families during the holiday season. One of its biggest events is the Thanksgiving Meal Project, where they serve warm meals and give away food bags. “We’re stocking up a little bit more just to be on the safe side knowing that...
TUSCALOOSA, AL
purewow.com

Venmo-Stalking Is the Best Stalking. But What Does it Tell Us About Ourselves?

Think about the most perfect couple you know. For the sake of this article, let’s call them Mike and Julia. (Common white millennials, y’know?) Maybe they’re the two people from your freshman year floor who hit it off immediately and have somehow only grown stronger together. On Instagram, they post gorgeous, aspirational photos of their summer weekends in East Hampton and winter ski trips to Vail. Their engagement—on Nantucket, duh—was something out of a Martha Stewart fever dream, and their Boston apartment is perfectly decorated via Restoration Hardware. Their dog, naturally, is a yellow lab named Charlie. They seem like the ideal match. Two people seemingly built for one another—destined for a nondenominational wedding followed by a country club reception featuring a crab cake bar and a signature cocktail (made with gin, never vodka).
INTERNET
tntech.edu

Periodic Table of Cupcakes Bake Sale- Thursday, Oct 21 10 a.m. – 1 p.m.

The Student Members of the American Chemical Society will be making a periodic table of cupcakes to sell for National Chemistry Week. The fundraiser will be at the LSC covered portico outside of Einstein’s on Thursday, Oct. 21 from 10 a.m. to 1 p.m. We will also have other baked good for sale. We accept cash, card, and Venmo. All proceeds go toward travel expenses attending the ACS national meeting to present research. Come out and buy a cupcake of your favorite element and help us celebrate NCW! Questions can be sent to smacsttu@gmail.com.
COOKEVILLE, TN
Lancaster Online

Spoken-word artist Thunda Khatt hosts 'Thunda ‘n’ Mimosas' this weekend; here's more about her and the event

While the Chinese New Year proclaimed 2021 the Year of the Ox, you’d be forgiven for thinking that, at least seasonally, it was the Summer of the Khatt in Lancaster city. Tina Ortiz, better known to the Lancaster arts community as Thunda Khatt, made her presence known at dozens of events over the last several months and is helping to create a burgeoning poetry scene in the city.
LANCASTER, PA
News4Jax.com

COVID cons: Top internet money scams to watch out for

ORLANDO, Fla. – According to the FBI, there were nearly 800,000 complaints of suspected internet crime reported last year. These scams can be costly if you fall for them. Last year, they cost Americans more than $4.2 billion. This year’s experts warn scammers are taking advantage of the pandemic to...
ORLANDO, FL
snntv.com

How to Protect Yourself When Using Venmo, PayPal, and Cash App

Originally Posted On: https://www.alwaysvpn.com/insights/how-to-protect-yourself-when-using-venmo-paypal-and-cash-app I remember the days when friends would remind me, “Hey, you still owe me money for that [purchase].” Each time I’d feel guilty because reminding myself to grab cash was always as difficult as remembering what I had for lunch two days ago. So, when Venmo came into the picture, I applauded its prime trait of convenience. No more would I have to run to the ATM to grab cash. Now, I can simply transfer money from my bank account to a friend’s bank account with just a few taps on my phone.
CELL PHONES

FinTech Revolut Introduces Fee-Free Crypto Trading

In a push to increase its user base in the U.S., digital bank Revolut is introducing fee-free cryptocurrency trading for up to $200,000 worth of trades per month, the FinTech announced Tuesday (Oct. 19). Revolut is also offering its 300,000 U.S. customers no-fee ATM use out-of-network, as well as the...
MARKETS

A Night with Ray Didinger

The Centennial Education Foundation is hosting “A Night with Ray Didinger” on Wednesday, Nov. 3, at 6 p.m. at William Tennent High School. Doors open at 5:30 p.m. Tickets are $20. Didinger, a radio and television personality, author and sportswriter, will be signing his new book Finished Business. All book...
SPORTS
decrypt.co

Revolut Adds No Fee Crypto Trading in Push for U.S. Market

Revolut users can now trade up to $200,000 of crypto per month at no fees. The new policy is part of a larger push by the European giant to attract customers in the U.S. Revolut is a digital bank "super app" that has taken Europe by storm but that's still largely unknown in the United States, where it launched in the spring of 2020. Now, the company is making a push to get noticed stateside with a series of new features—including fee-free crypto trading.
MARKETS
boxden.com

Oct 19 - ruthless irs regime.....declares war on cash app businesses

Oct 19 - ruthless irs regime.....declares war on cash app businesses. If you are using a cash app for business and make more than $600 a year in transactions, the IRS wants to know. Cash apps, including PayPal, Venmo and Zelle, will be subject to new tax rules starting Jan....
INTERNET
cuinsight.com

What your credit union can do to prevent losses as P2P fraud continues to rise

At CO-OP’s recent FraudBuzz webinar, participants identified person-to-person (P2P) fraud as the #1 payment fraud trend to watch. And it’s no wonder. With the popularity of easy-to-use, touchless payments taking off during the pandemic, opportunistic criminals are capitalizing on this trend. P2P payments increased substantially during the pandemic, with Venmo...
CREDITS & LOANS
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