One of the simplest ways to avoid issues with Venmo tax reporting is to categorize your transactions correctly. Venmo offers two key labels: “Goods and Services” and “Send to a Friend.” These labels ...

but many don’t know that certain Venmo transactions need to reported for taxes. If you’re a business owner or freelancer, you ...

With the onset of the 2025 tax season, many taxpayers are actively ... as well as digital wallets like PayPal and Venmo. Each ...