Peter Thiel to Exit Meta’s Board to Support Trump-Aligned Candidates

Peter Thiel to Exit Meta’s Board to Support Trump-Aligned Candidates

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Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement

*The new reporting requirement will ensure that small businesses that receive payments through those apps are paying their fair share in taxes on them

*Beginning Jan. 1, 2022, third-party payment processors were required to report such transactions

*The changes will be included during the 2022 tax season

*The payment apps were previously required to send users 1099-K forms if their gross income exceeded $20,000 or had more than 200 transactions per year

Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement

OSHA suspends implementation of workplace vaccine mandate pending further court action

WASHINGTON — The U.S. Occupational Safety and Health Administration has announced that it will suspend “implementation” and “enforcement” of the Biden administration’s vaccine and testing mandates at private workplaces. The agency says it will now wait for future developments before proceeding with a new start date for enforcement.

OSHA suspends implementation of workplace vaccine mandate pending further court action