As the years have progressed, the idea of never carrying cash is becoming more and more relevant. When you truly think about it, why would you, when applications like Venmo, PayPal, Zelle, and many others exist? As we have progressed to this completely digital currency society, that law has caught up and has started to leave some panicking as they may have to pay income tax on the money they are receiving through these applications. What if I told you that everything you are reading and hearing could not even be true? Today I want to uncover the Facts and Myths behind the 1099-K change and what it really means to you as you try to decide if you will continue to use these apps for their convenience or not. Lets jump in so you can hear the truth…
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