A new tax law that took effect at the start of 2022 is not being welcomed by users of mobile payment services. What Happened Starting this year, the IRS is requiring mobile payment apps such as Zelle, Block Inc.’s Cash App and Paypal Holdings Inc.’s Venmo to report business transactions totaling more than $600. The new provision only affects businesses that accept payment cards or use third-party network settlement organizations for payment of goods and services, according to the Internal Revenue Service. Previously, the reporting requirement threshold was $20,000, so the new tax burden is leading many users are to turn their backs on the apps. “Honestly, I’m using Venmo because there’s no taxes,” and if it “starts to have taxes, I’m not using it anymore,” one Venmo user told Fox News. Venmo users will be able to download their tax documents directly from the company when they become available sometime in January, according to a press …