Thread: Ebay vs. IRS
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Old 02-22-2007, 12:34 AM
427king 427king is offline
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Default Re: Ebay vs. IRS

Im not surprised since it seems that half of nigeria can get your ebay password when they want it also. Its actually simple though, pay taxes on your profits and have no worries. Being a vendor this is actually a good thing because for years weve had to try and compete with people that run businesses and call it a hobby. its hard to compete with sellers that dont pay taxes when most legit businesses are hit around 43%... I dont think a guy with 8500 feedbacks on ebay can call himself a hobbyist.
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