“The legal team at the CAVA LAW FIRM are the best. I was very apprehensive and scared when I was first introduced to them to handle my legal problem. They were very professional while still being very personable. They walked me through every aspect of my case. They made it very easy on me. They did all the work. I would highly recommend them to any lay person that has little knowledge of how the legal system works. Thanks again!”
Third Party Network Transaction Reporting
The IRS will soon require stricter reporting of payment transactions completed on third party network apps, like Venmo, CashApp, and Zelle. The new law would require users to receive Form 1099-K for any payments of goods and services over $600.00. Make sure to understand the details, as the change will be in effect for the 2024 tax filing season.