Have you received money via apps? The IRS may come looking for taxes
Summary
The IRS is reportedly increasing its scrutiny on individuals who earn income through apps, such as ride-sharing and delivery services, as part of its efforts to enhance tax enforcement. The rise of the gig economy has led to a surge in income earned through digital platforms, and the IRS aims to ensure that taxpayers accurately report their earnings and pay the appropriate taxes. The agency has ramped up its data analysis capabilities to identify potential non-compliance, including the use of third-party payment processors. Taxpayers who earn income through apps should be prepared for heightened scrutiny and ensure their tax obligations are met.
USA Today
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