SLC TAX, LLC

SLC TAX, LLC

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Bookkeeping and Income Tax Preparation Services

Venmo, PayPal and Zelle must report $600+ in transactions to IRS 01/12/2022

https://www.nbcnews.com/news/amp/rcna11260?fbclid=IwAR3KKfABrLsDNhdOGk6EBka1UwbDaCEffJ1jE4rA6N00fMWemp7wX9XKX4A

Venmo, PayPal and Zelle must report $600+ in transactions to IRS As of Jan. 1, mobile payment apps like Venmo, PayPal, Zelle and Cash App are required to report commercial transactions totaling more than $600 a year to the IRS.

Families who got the child tax credit last year need to watch for this letter from the IRS 01/12/2022

https://www.cnbc.com/2022/01/03/families-who-got-the-child-tax-credit-need-to-look-out-for-this-letter.html

Families who got the child tax credit last year need to watch for this letter from the IRS The IRS will be sending Letter 6419, which shows how much families received in advanced child tax credit payments, in January.

Advance Child Tax Credit Payments in 2021 | Internal Revenue Service 06/23/2021

https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021. You are now able to unenroll from the payments

Advance Child Tax Credit Payments in 2021 | Internal Revenue Service Find details about the advance Child Tax Credit payments, including how to get them or stop getting them.

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