eBay Sales to be Taxed?
Ebay has long been a channel where goods could be sold without interference from the taxman…but will it stay this way?
The answer is not clear but the issue certainly needs to be considered, the following AP report offers some comment…
Hawking baby and children’s clothes — along with some garage-sale and thrift-store bargains — on eBay helps Sunni Wojnarowsky bring in some extra money so she can afford to stay home with her two young boys.
The additional dollars are great, but does she really need to hassle with the paperwork and report her small profit to the Internal Revenue Service? Her question, posed to the online auction site’s discussion board for sellers, generated much advice — and more confusion.
