Doug Whiteman is an award-winning journalist with three decades of experience covering personal finance, starting when he was the Washington, D.C.-based consumer news editor and reporter for ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

The basics of reporting digital assets, including crypto, on your taxes. Credit: Mashable composite; RomanR, Ja Crispy / Shutterstock.com If you've been dabbling in digital assets, you may be tempted ...

If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service (IRS) wants to remind you to report payments ...

With tax season officially underway, Americans should be on the lookout for new laws that could affect their taxes. That includes millions of small business owners who rely on payment apps like Venmo, ...

You can be more efficient and save time by using the PNC ActivePay Notes feature to record transactions’ business purpose information such as the “who”, “what”, and “why”.* The RIT Transaction Details ...

Spending money is easy. Keeping track of how much money you spend, not so much. Even if you're good at recording all your expenses in a financial program like Quicken, QuickBooks, or Xero, ...

If you have a pending Ethereum transaction that hasn’t been confirmed yet, you can either speed it up or cancel it. Ethereum transactions require gas fees, which depend on the gas limit and gas price.

The American Rescue Plan Act, which Congress passed in March, has a provision that will require cash apps like Venmo, PayPal and Zelle to file information reports on commercial transactions over $600.

JPMorgan Chase (JPM) alerted the U.S. government to over $1B in suspicious transactions involving Jeffrey Epstein and some Wall Street names, The New York Times reported. Weeks after Epstein's death ...

Taxpayers who use Cash App, Venmo and similar payment apps have been given another reprieve from a change that will require more reporting to the IRS. App users are currently required to report ...