Is Venmo A Payment Settlement Entity 2025 Florida. This threshold applies to individuals, sole proprietors, and registered businesses who received payments for the sale of goods and/or services using payment settlement entities like venmo. Read on to learn about this year’s reporting requirements.
If you reach the reporting threshold for the sales of goods and services through a payment settlement entity without first providing your tax info, that payment settlement entity (i.e. Read on to learn about this year’s reporting requirements.