IRS will start to tax those individual sellers?
By kingparker
@kingparker (9673)
United States
July 4, 2010 11:57am CST
That is the latest rumor I heard, the IRS will start target on those individual power sellers on either craigslist or ebay. Because they might sell over $1,000 to $10,000 items per year without submitting any tax form, now the IRS want to regulate this area of earnings too. So, if you are one of those power sellers online auction sites or classified sites, beware of the IRS might tracking your record, and want to you to fill out the tax form by the end of the year.
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