Tax Reporting Requirements Changing for Freelancers and Gig Workers Paid via Apps

📆 3/22/2024 9:52 PM

Finance News

Freelancer, Gig Worker, Tax Reporting

📆 3/22/2024 9:52 PM
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Workers across different industries are increasingly receiving some or all of their income via apps. Tax law is still catching up when it comes to how best to report this income. Changes in tax reporting requirements for freelancers and gig workers paid via apps will take effect for the 2024 tax year.

If you’re a freelancer or gig worker paid via apps like Venmo , Zelle , Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.

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Freelancer Gig Worker Tax Reporting Apps Venmo Zelle Cash App Paypal

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How freelancers can prepare for changing tax requirementsIf you’re a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.
Read more »