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B.C.DanielsKiplinger Tax Letter?
I just received my latest Kiplinger Tax Letter, a bi-weekly report of the happenings on Capitol Hill respecting recent tax issues. Attached is a copy of a section of the latest issue with a blurb about PayPal and eBay. I hope that we don't have to test which one of us is right about whether your eBay transactions are taxable through an audit. But you should be aware that the IRS is now "scouring records of PayPal" to, in part, "help pinpoint unreported income from eBay sales."
if you read down about three quarters of the way through the letter dated April 21st you will find the above!
