RS Reminder: Sellers with annual income over $600 must file tax returns

YCD news, recently the US Internal Revenue Service issued a reminder that beginning in January 2023, taxpayers will need to download the 1099-K form for all sales of goods and services received through payment applications such as Venmo, PayPal, and Cash App that exceed US$600. The requirement is one of the provisions of the American …

From October 26th! Amazon supports US users to pay with Venmo!

YCD learned that, according to foreign media reports, on October 25, Amazon announced that it would allow users to use Venmo to pay when shopping. The payment option is available on the Amazon app and website amazon.com starting Tuesday, and will expand to all users in the US ahead of Black Friday next month. According to …