PayPal Friends and Family Tax 2025 Threshold: What You Need to Know (vs Goods & Services)

Everybody hears “PayPal is reporting to tax man in 2025 once you hit $600.”Some people panic: “Does this mean if I send ₦50k to my cousin using Friends & Family, IRS will tax me?” No. Chill. There’s a big difference between Friends & Family (FNF) and Goods & Services (GNS). One is just you moving […]