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IRS tells payment apps to report business transactions over $600

Jan 7, 2022
The threshold used to be much higher.
As the number of self-employed workers expands, the IRS is requiring online payment platforms like PayPal to report transactions greater than $600. The threshold used to be $20,000.
Eric Piermont/AFP via Getty Images

Laid-off workers now worry about health care during health crisis

Mar 25, 2020
The majority of Americans get employer-sponsored health insurance so what happens when that goes away?
One employer said he "just wanted to make sure that everybody’s taken care of through this."
Mario Tama/Getty Images