WE NEVER SNOOZE ON THE NEWS on Instagram: "🚨 BREAKING: Trump Ends $600 IRS Rule — What It Means for Riverside Locals 🚨 Big win for small businesses and side hustlers: President Trump has officially repealed the controversial IRS reporting rule that required payment apps like CashApp, Venmo, and PayPal to report transactions over $600 A B. What Was the Rule? Under the previous law, anyone receiving more than $600 through third-party apps for goods or services would get a 1099-K form — even if i