This is how those brilliant politician’s said they would catch the rich and force them to pay their fair share...like Elon Musk, Jeff Bezos and Bill Gates.
Paypal Changes for 2022
If I understand this correctly, Paypal, along with all on-line payment sources like Venmo, etc. will now be sending out 1099 forms for all payments totaling $600 you receive in 2022 for goods or services. The only way around this is to use Paypal friends and family for payment which eliminates any buyer protections. Is everyone aware of this?