Fact Check
The American Rescue Plan Indeed Lowers the ... - Latest Tweet by Snopes.com
The latest Tweet by snopes.com states, 'The American Rescue Plan indeed lowers the threshold for reporting payments made using apps like Venmo or PayPal for goods and services to the IRS. But some social media posts' framing of that change are misleading. ...'
The American Rescue Plan (which was signed into law last spring) indeed lowers the threshold for reporting payments made using apps like Venmo or PayPal for goods and services to the IRS. But some social media posts' framing of that change are misleading. https://t.co/u4VBB2ReeG— snopes.com (@snopes) January 27, 2022
(The above story first appeared on LatestLY on Jan 27, 2022 06:12 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
