PayPal Required to Report Payments to IRS

[AdHustler]

Not a problem for me, but I'm sure it is for SOME of you SKETCHY business people out there:

PayPal Required to Report Payments to IRS

 

[xmcp123]

Oh noez! My interwebz moneys!

 

[AdExhibitJason]

Yay, Well not really, Just wait until the i-patriot act comes into play.

 

[Aequitas]

lol ooooo the irs what a bunch of pussies (*Laughs From Canada*)

 

[aspen2009]

Above $20,000 ? Phew just missed a bullet :bigear:

 

[dsiomtw]

Won't take effect until 2011/2012. Plenty of time to make your millions and retire.

 

[amanda11]

canada ftw. heh

 

[MyOwnDemon]

This sucks, but it doesn't go into effect for another 3 years. Plenty of time to clean up your act. Haha.

 

[Jan]

Upside, if you need proof of income to qualify to buy a house or some big shiny toy, you can!

 

[spyderman4g63]

Aren't they collecting Credit card data as well, or do they already do that? This is my first year in AM and I don't know what I am going to do around tax season.

 

[m0rtal]

Aren't they collecting Credit card data as well, or do they already do that? This is my first year in AM and I don't know what I am going to do around tax season.

Go to jail from the sounds of it.

 

[TuesZ]

Aren't they collecting Credit card data as well, or do they already do that? This is my first year in AM and I don't know what I am going to do around tax season.

They're collecting everything these days. I'm in the same boat as you.

 

[spyderman4g63]

Go to jail from the sounds of it.

Jail or Federal Pound Me In The Ass Prison?

 

[HarveyJ]

Jail or Federal Pound Me In The Ass Prison?

"3 squares a day, and all the gay sex you can handle!"


You guys always could launder your money...
It's easier with currencies that are made from plastic, rather than paper, though.

 

[jingwen]

I don't think PayPal is a good way for business.