Ars Technica gets a sneak peek at the proposal from the Treasury Department to target eBay auctioneers and gives us their analysis.
The IRS has made no secret of the fact that it wants Internet auction companies like eBay to provide more information about high-volume sellers to the government in order to help close the “tax gap” between what Americans owe and what they pay. But now the official proposals are finally on the table, and Ars has had a look at the documents. Here’s what you can expect if the changes go through.
But this isn’t a change that will apply to all eBay sellers; in fact, most will be exempt from the new reporting requirements.
Latest posts by Andy (see all)
- Top 3 Slot Machines to Greet the Chinese New Year With - January 13, 2017
- How to Easily Remove Junk from a Mac with Movavi Mac Cleaner - January 8, 2017
- Your MBA Degree Is Waiting for You Online - December 31, 2016