Wednesday January 12, 2022 – I did a report titled “$600 Cash App Reporting” in October 2021, and a second Report in November 2021. In those reports I explained the new cash app rules and the impact it will have on regular Americans.
Recently, I responded to several YouTube comments on the October report, and I realized – Most People Still Don’t understand the rules. And, the Government and Media are not helping answer the most common question – What will happen If I use a cash App for private purposes – will I get a 1099K?
Attorney Steven A. Leahy goes to the source – The IRS – to finally ANSWER THAT QUESTION.