Old Man Cain
OG
Apparently they knew how stupid this was and changing the amount from $600 to $10000.as stated ,many times before I voted for Biden BUT......
For those of you who does business with Zelle, Paypal or Cashapp find another way before 1/1/2022. The new rule that was brought up by the IRS and signed by Biden is straight up bullshit.
The law basically states that anyone who does up to $600 bucks of business on those apps will have to show it on their taxes. This fuck nigga and the IRS would rather choke the small fry instead of going after the super rich because everyone knows that small business and regular everyday people use those apps.
Or
The banks knew how much work that would be to send out 1099's to millions of people that they would have to hire thousands of people to do the work. Either or I hope that it's true