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How freelancers can prepare for changing tax requirements
Read full article: How freelancers can prepare for changing tax requirementsIf you’re a freelancer or gig worker who receives payments via apps like Venmo, Zelle, Cash App or PayPal, your tax reporting requirements will change for the 2024 tax year.
Lacrosse lesson scam targets Houston-area high school athlete, loses nearly $2K before Christmas
Read full article: Lacrosse lesson scam targets Houston-area high school athlete, loses nearly $2K before ChristmasA local coaching scam may soon have the attention of the Secret Service after a student-athlete agreed to provide private coaching lessons and days later lost thousands of dollars.
Technology built the cashless society. Advances are helping the unhoused so they're not left behind
Read full article: Technology built the cashless society. Advances are helping the unhoused so they're not left behindJust as technological shifts created the cashless society, further advances are now helping charitable groups and advocates for the unhoused reach those most in danger of being left behind.
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Read full article: Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warnsCustomers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds may not be covered by deposit insurance.
Venmo to be officially available for teenagers, although many use it already
Read full article: Venmo to be officially available for teenagers, although many use it alreadyVenmo will officially allow teenagers to open an account with their parents' permission, the company said Monday, expanding the popular social payments app to a demographic that is likely to embrace it almost immediately.
KPRC 2 Investigates 3 things to check now if you are using payment apps
Read full article: KPRC 2 Investigates 3 things to check now if you are using payment appsSending and receiving money has never been easier. With companies like Venmo, Zelle, Cash App and Paypal, you can pay for just about anything online with the click of a few buttons. But how safe is your money when you use these apps?
When the winter storm hit, Texans raised millions of dollars — for each other
Read full article: When the winter storm hit, Texans raised millions of dollars — for each otherPeople experiencing homelessness in Dallas receive a hot meal from volunteers with Harvest Project Food Rescue in the aftermath of last week's winter storm. As a result, millions of dollars have been raised by fellow Texans and people across the country who wanted to help. For example, Austin Mutual Aid, launched in March to assist Texans experiencing homelessness during the COVID-19 pandemic, has raised hundreds of thousands of dollars within the past week on GoFundMe alone. The team has helped 17,000 Houston residents following the winter storm, according to their Twitter account. An inch of ice, however, we got to sit there and think for a second.”The Mutual Aid Houston collective also gained a new temporary focus after the winter storm hit.
Here are 3 things you need to know about peer-to-peer payment apps
Read full article: Here are 3 things you need to know about peer-to-peer payment appsHOUSTON – Peer-to-peer payment apps make sending money to friends easy but if you’re not careful, a simple mistake could cause you to lose your hard-earned money. Despite the growing popularity of apps like Zelle, Venmo, and Cash App, most users never read the fine print or terms of service. If you accidentally pay the wrong person, most of the payment apps will not help get your money back. While your credit card offers fraud protection, allowing you to dispute charges, most payment apps do not. Read this story to find out how scammers can wipe out your bank account through these peer to peer payment apps.
This payment app scam could wipe out your bank account within minutes
Read full article: This payment app scam could wipe out your bank account within minutesBut if you’re not careful, you could fall for a scam that could drain your bank account in seconds. "So, I went to my bank account and he was saying, 'Ma’am, you need to stay on Cash App. The man on the other end of the line wasn’t with Cash App at all but in less than five minutes, he nearly depleted Sakala’s bank account. Cash App responseCash App is aware of the scam and says you should only contact them through its app or website. If you believe you have fallen victim to a scam, you should contact Cash App support through the app or website immediately.