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IRS Wants Cut Of Online Sales On eBay, Craigslist


By Webrank at June 01, 2010 0 Comments    Share

http://www.businessoffashion.com/wp-content/uploads/2009/07/hermes-scarf-for-sale-on-ebay.jpg

Many people think of online auction sites, such as eBay and Craigslist, as virtual garage sales — a convenient way to clean out cluttered closets and attics stuffed with old clothes, books and knickknacks inherited from Aunt Gladys.

But if you’re a frequent or big-time seller, the government might consider your proceeds to be income and could come after you for taxes. More>>

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