[Milsurplus] Big Brother Comes to Our Town
John Hutchins
olegerityincj at austin.rr.com
Thu Mar 18 09:17:55 EDT 2010
All -
David thanks for the heads up! There is an exception to the new IRS policy
"*/Exception:/* Very small merchants won't be issued information
returns. "Small" for this purpose means annual gross sales on merchant
cards of no more than $20,000 or 200 or fewer transactions. In other
words, reporting is required only if gross amounts for the year exceed
$20,000 and there are more than 200 transactions. "
I am lucky to break even.
Hutch
On 3/18/2010 6:50 AM, David Stinson wrote:
> Ebay and PayPal are about to see
> a huge migration to Craigslist, I'd bet:
>
> http://www.auctionbytes.com/cab/abu/y210/m03/abu0258/s03
>
>
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