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LouiseS CPA
Expert Alumni
Expert Alumni
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I am a CPA and live in TN
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  • Johnm38001, Welcome to our community! I am delighted that you are here and reached out for more information. Transferring money from a friend to a friend for ...
    LouiseS CPA
    Updated Aug 31, 2022
  • Hi Boozer0, Your question has several parts so I'm going to break it down into different paragraphs. For the money that you receive from family and friends, t...
    LouiseS CPA
    Updated Aug 31, 2022
  • HiSj003, The Venmo payments are identified family or friends or goods or services. That makes the difference in reporting for the IRS. They only want to know a...
    LouiseS CPA
    Updated Aug 31, 2022
  • HiVtecsidelsol, This is a classic inventory issue that has been solved in a couple of different ways that the IRS approves. In this case, specific identificati...
    LouiseS CPA
    Updated Aug 31, 2022
  • Hi Kyoujouran Patreon's wonderful platform assists people supporting others who are artist or other performers. Your craft or activity is generating the fan ba...
    LouiseS CPA
    Updated Aug 31, 2022
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