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The Latest Breaking News from Venmo

Crowdfunded generosity isn’t taxable – but IRS regulations haven’t kept up with the growth of mutual aid

Have you ever received some money through a GoFundMe campaign or Venmo or CashApp transfers after a medical emergency, natural disaster or other crisis?

The Conversation

Don’t Try to Catch These 3 Falling Knives

If you want to catch a falling knife, you need to have a good reason. Unfortunately for investors of these three companies, there's likely more downside ahead.

MarketBeat

The “Venmo Mom” Standards: New Playdate Costs Alienating Average Families

Image Source: Shutterstock.com

Kids Ain't Cheap

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read the most diverse news in one place.

The Venmo Privacy Setting That Can Trigger Unwanted Tax Reporting

Venmo feels like the digital equivalent of tossing a few bills to a friend across a table. It’s fast, casual, and so woven into everyday life that most people barely think about it as “financial infrastructure.” But under the hood, Venmo is also a payment processor that plays by the…

The Free Financial Advisor

The IRS “Venmo” Trap: Why Your Side Hustle Is Under Review Now

For years, Venmo, Cash App, and PayPal felt like the digital equivalent of passing a few bucks across a table—quick, casual, and invisible. If you were freelancing on the side, flipping sneakers, selling tickets, or running a tiny hustle from your couch, those payments felt harmless. Nobody imagined the IRS…

Clever Dude

PayPal Reports Q4 Earnings on Feb. 3. Why You Should Press Pause on PYPL Stock For Now.

PayPal is facing rising competition and a challenging macroeconomic backdrop. While PayPal continues to generate profitable growth, its stock has underperformed.

Barchart

The IRS Reporting Threshold Change That Just Created a Tax Risk for Millions in 2026

If you’ve ever sold a vintage jacket on an app, picked up extra cash doing freelance work, or split dinner with friends via Venmo, you might have heard rumblings about a tax reporting change that could have snared millions of everyday Americans into unexpected IRS reporting paperwork in 2026.

The Free Financial Advisor

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IRS Update: The $600 Payment Rule is Officially Delayed (What It Means for Venmo Users)

Selling old clothes on Poshmark or splitting dinner bills on Venmo recently caused unnecessary panic. Many feared the “$600 Rule” and the wave of tax paperwork it would bring. Fortunately, the IRS announced another delay for the 2026 tax season. The reporting threshold will rise to $2,000 instead of the…

Budget and the Bees

The “Venmo Glitch”: Why You Should Never Send Money “Back” to a Stranger

It happens innocently enough. You get a notification on your phone: “John Doe sent you $50.” You don’t know John Doe. A moment later, a frantic message pops up from John: “Omg so sorry! I meant to send that to my friend. Can you please send it back?” You check…

Budget and the Bees

The Erroneous 1099-K: Why Seniors are Receiving IRS Forms for Under $20,000 and the 3-Step “Zero Out” Rule

If you opened your mailbox this week to find an IRS Form 1099-K from Venmo, PayPal, or CashApp for a few thousand dollars, your first...

Saving Advice

IRS Warning: That Venmo Payment for Your Garage Sale Just Triggered a Surprise Tax Bill

It’s a wonderful moment when Venmo confirms a payment has hit your bank account, especially when it’s a garage or yard sale. A stranger happily walks away with your old coffee table, and you feel like a decluttering champion who just earned a few extra bucks.

The Free Financial Advisor

IRS Warning: The 2026 “Audit Alarms” Triggered by Routine Venmo and Zelle Transfers

If you regularly use apps like Venmo, PayPal, or Zelle to split dinner checks with friends or send a birthday gift to a grandchild, you...

Saving Advice

Bank Security Experts Reveal 7 Money Habits That Trigger Fraud Alerts

Have you ever been ready to swipe your card for a large purchase for it to bounce back? It’s annoying sometimes, but banks put this kind of thing in place to protect you. As institutions learn more about the behavior of scammers, fraud detection systems are becoming more advanced (and…

Clever Dude

6 Businesses That May Still Be Cash-Only

Here are six types of businesses that still often operate on a cash-only basis and why it matters for your next purchase.

GOBankingRates

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Saving Advice

Why Payment Apps Are Suddenly Freezing User Accounts Without Notice

It is a growing frustration for millions of digital wallet users in early 2026: you attempt to pay for dinner or send rent money, only...

Tom’s Guide

The 10 most impactful outages of 2025

Tom’s Guide tracked multiple outages in 2025 and these are the ones that had the biggest impact as services suffered interruptions this year.

Fortune

Crypto wallets, long a painful experience, now feel a lot more like Venmo

Wallet makers hope they can achieve ‘super app’ status—but that may be a long way off.

Budget and the Bees

Warning: The New IRS Rule Change That Could Affect Your Venmo and PayPal Accounts

We used to live in a world where selling an old couch on Facebook Marketplace or splitting a dinner bill via Venmo was a private transaction. Those days are changing fast. The IRS has been rolling out new reporting thresholds that have left many of us confused and slightly panicked…

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news in one place.

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International Business Times

Google Play Customers Eligible for Automatic Payments from $700 Million Settlement

Google Play customers may receive automatic payments from a $700 million settlement over alleged unfair app store practices.

Android Central

Here's when Google Play Store users will get an automatic cash settlement payout

Google is settling a lawsuit over an alleged Google Play Store monopoly, and soon, you'll be able to cash in with an automatic settlement payment.

International Business Times UK

Is Venmo Still Down? Here Are the Online Payment Alternatives You Can Try Right Now

A major Venmo outage on 3 December 2025 left over 71,000 users reporting issues, prompting many to seek reliable alternatives such as PayPal, Cash App, Zelle, Apple Cash and Google Wallet.

International Business Times UK

Venmo Down: Panic as Thousands Can't Pay Rent or Groceries — 'Am I the Only One?'

Venmo suffered a major outage, affecting over 70,000 users who were unable to access their funds for essential payments. The app was down for hours with minimal communication.

The Independent UK

Venmo users have trouble sending and receiving money amid service outage

Users of the payment app Venmo are experiencing problems sending and receiving money amid widespread social media posts about service issues

Fortune

Six-figure earners are 'living the illusion of affluence' while working side hustles, skipping meals and pretending Venmo's not working

“Many top earners say people assume they can afford it all, yet behind the image of success are quiet sacrifices: skipped purchases, delayed plans, and a fragile sense of security.”

GOBankingRates

5 Venmo Scams To Avoid in 2026 — and How To Stay Safe

Venmo scams are rising, as 83% of users faced fraud in 2024. Learn the top scams for 2026 and expert tips to protect your money and account.

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