The Economic Ninja joins me to talk about something that most people were not aware went into effect. Mobile payment processors like Venmo, Cash App and Apple Pay will now be required to issue a 1099 to show the IRS potentially taxable income if your transactions exceed $600 in a year for goods and services. While this income was always taxable before, the information gathering is stepping up to a whole new level.

BIG BROTHER is watching, you’ve been had, for a long time! Another 1776 is in order, SHEEPLE!