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Appearances: The Evening Edit – Looming IRS Audits of Venmo/PayPal Payments

On Tuesday, Andy joined Liz MacDonald on The Evening Edit to discuss the latest news of the IRS warning Americans to report $600+ Venmo, PayPal payments. Andy pointed out that this is “nothing more than a way to trap Americans and falsely accuse them of tax fraud.” He also noted that, “Biden promised that [nobody who made under $400,000 a year] was going to be paying more taxes … yet this procedure will raise taxes for working- and middle-class Americans… and really everybody…” The two concluded the Biden Administration is going after “the little guy,” which while anticipated, is unacceptable.

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