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Did You Make Money via PayPal, Venmo or Cash App This Year? The IRS Will Know About It
This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.
IRS releases tax inflation adjustments for tax year 2025
– Earned Income Tax Credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax ...