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 Degrees That Go Well with Your Tech Prowess - March 31, 2017
- 3 Ways Technology is Transforming Human Resources as We Know It - March 31, 2017
- Challenges Facing the World of Data Recovery in 2017 - March 28, 2017