[Phono-L] Ebay payment request
Rich
rich-mail at octoxol.com
Fri Jan 9 16:22:41 PST 2009
Big Brother wants to spread the wealth around and some people have been
holding out. Hey are watching the auction sites closely. Your credit
card company has to file reports on some amount of transactions so they
can search for any hidden income also.
Zonophone2006 at aol.com wrote:
> hi all
> i have heard also besides the 10000 limit both on sales and the amount of
> one sale there is also a transactions number they are watching too
> that is the irs
> so beware and be careful
>
>
> In a message dated 1/9/2009 4:35:06 P.M. Eastern Standard Time,
> rich-mail at octoxol.com writes:
>
> The interesting thing here is this latest eBay/PayPal mess is the result
> of scamers using the gullibility of eBay buyers and the governments
> (state and federal) desire to get their tax money. The stung buyers
> have howled loudly for "the government to do something" and the
> government has taken notice of all of the people who have run off at he
> mouth about how much money they make. So, if over 10,000 gross goes
> through your eBay account the feds will be notified on a 1099. And by
> driving most of the business through PayPal they have records now and
> bureaucracies love paper.
>
> And the bottom line is that he cost of doing business for both the buyer
> and seller has increased quite a bit on eBay due to this.
>
> And, yes your confirmed address is your billing address unless you call
> your CC company/bank and add your shipping address as an alternate.
> Then change it in PayPal.
>
>
>
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