Group 7 Notary Services LLC

As of Jan. 1, mobile payment apps like Venmo, PayPal and Cash App are required to report commercial transactions totaling more than $600 per year to the Internal Revenue Service.

The change to the tax code was signed into law as part of the American Rescue Plan Act, the Covid-19 response bill passed in March.

Personal transactions are not affected!!!

You qualify for full repayment protection and won’t need to repay any excess amount of your advance Child Tax Credit payments if your main home was in the United States for more than half of 2021 and your modified adjusted gross income (AGI) for 2021 is at or below the following amount based on the filing status on your 2021 tax return:

$60,000 if you are married and filing a joint return or if filing as a qualifying widow or widower;
$50,000 if you are filing as head of household; and
$40,000 if you are a single filer or are married and filing a separate return.
Your repayment protection may be limited if your modified AGI exceeds these amounts or your main home was not in the United States for more than half of 2021.

Whether you’re on vacation 🏖, home staying safe🏡, or need a last minute notarization ⏰, we can remotely notarize your documents in a few easy steps . Text, call or email us for more information!! I am here to help!

Si estás de vacaciones 🏖, quedándote en casa 🏡, o simplemente necesitas notarizar un documento a última hora ⏰, podemos notarizar sus documentos a través del internet. Llámanos, mándanos un text correo electrónico para más información! Estoy aquí para ayudarte!