You may still owe taxes on resold Taylor Swift tickets even without PayPal, Venmo IRS reporting
Publishing timestamp: 2023-11-28 09:44:41
Summary
The IRS has delayed tax reporting changes for third-party payment apps like Venmo, PayPal, and TicketMaster. However, individuals may still owe taxes if they made a profit from reselling Taylor Swift tickets. The article provides tips on how to accurately report and keep track of sales transactions to ensure compliance with tax laws.
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Keywords: entertainment, tax planning, paypal holdings inc, taylor swift, personal finance, business news, government taxation and revenue,
Source: https://www.cnbc.com/2023/11/28/you-still-owe-taxes-on-resold-taylor-swift-concert-tickets.html