[ARC5] IRS Goes After Ebayers- Hamfest Leverage??

[Al Waschka]

Also, IRS is after tax on profit.  Selling something for less than you bought
it 5 years ago, there is no profit.  But these e-Bay "professsional" dealers
are in it to make money and IRS wants their share of the profits.

Now sales tax is another story......

Al, K5TAN

"Horace W. Hall" wrote:

> Ebay has created a big part of their business letting folks set up online
> Ebay stores, full-time retail businesses as opposed to folks cleaning out
> attics, selling off old items...basically garage sales. Perhaps IRS is
> finding some of these retailers are not paying proper taxes, or at least
> unable to document it. Eventually, IRS may get round to robbing Mom & Pop
> as they empty the attic, but that's smaller potatoes, & more costly to
> gather in, than these retailers.
> --Wayne
>   WB4OGM
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