Announcement

Collapse
No announcement yet.

Push back on tax reporting for EBay and PayPal hobby sales!

Collapse
This is a sticky topic.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Push back on tax reporting for EBay and PayPal hobby sales!

    Many of us sell hobby items that involve PayPal or sales on Ebay. You may not know that now sales over $600 per year are subject to tax reporting.

    This letter at the link below, which will automatically go to your members of Congress, is easy and quick to complete. …



    A problematic tax reporting provision will force millions of Americans to receive confusing and burdensome IRS forms. These additional income tax forms (1099-K) will be issued for the sale of virtually all goods, even used or pre-owned goods, where no income tax is owed. This new change will mean even people selling only a few things a year online will receive confusing tax forms intended for businesses.

    Help to change this law before January 1, 2023. Please click the "SEND A LETTER" and make your voice heard.
    Team PowerBox Systems Americas... If flying were the language of men, soaring would be its poetry.
Working...
X