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Hey Finesse Fam, 💖

There has been a new update in IRS law regarding receiving money via cash app, Venmo, and other electronic payments.

The IRS law will not apply to family and friend payments so it is not more important than ever that you ask them to send notes with your cash apps and mark all payments via PayPal as friends and family! 

This will definitely affect small business owners!

Finessers stay on your P's and Q's.  Don't get caught up.

View the link below for more information on the IRS tax law that will be implemented starting in 2022.


https://www.12newsnow.com/article/news/verify/money-verify/users-of-cash-apps-will-get-a-1099-form-but-that-doesnt-mean-extra-taxes/536-04e9ffd7-82e0-4685-9ec0-4dc08c0b3d01


All love,

CNC  💖



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Comments

Anonymous

I was hoping you'd touch base on this!

Anonymous

Just sent this to my SD lol. Thank you for looking out!