Online Sellers Officially on IRS Radar

yakgirlOn 08.11.2008 at 8:28 am Said:

I’m with those who say that those of us who have been following the rules are in good shape, and those who haven’t ought to. That doesn’t mean I love the IRS or like the way we handle taxes in the USA - far from it! But unless and until we change it, I prefer to take advantage of every legal way to reduce my taxes but NOT cheat. And I encourage everyone who’s unhappy to stop whining, take responsibility, and get involved and elect representatives who will change things. It begins with each of us.

Patricia1On 08.11.2008 at 9:53 am Said:

A co-worker told me once a long time ago that she never begrudged the government her fair share of taxes…she was grateful that in this country she was freely allowed to earn as much as she wanted and work anywhere she wanted Not everyone sees paying taxes as a big burden. They, of course, would rather keep the money but they also understand what it costs to live here and taxes are part of that cost.

KPAOn 08.11.2008 at 10:33 am Said:

I agree with many of you, paying taxes isn’t fun and as a small business owner for the last 18 years neither are the quarterly forms one has to file in order to stay on Uncle Sam’s good side.

I think the only fair and equitable way would be a flat tax on every person in this country who works or receives money including businesses, large and small. The more consumers and businesses get to keep the more they invest back into business or into the economy to help it and themselves grow.

I’ve never minded paying taxes, just resent paying for those who cheat the system. Alas that will never change but one can hope

MechelleOn 08.11.2008 at 12:28 pm Said:

I agree there should be a flat tax and I think everyone should have to pay that flat amount whether they make 10,000 a year or 10 billion. Maybe it would work better to even go as far as making a reasonable flat of 5 to 10% and get rid of deductibles all together.

I know that probably won’t be a popular idea, but the reality is after deductions people can either end up paying no tax (yes paid as you go, but not once the taxes are calculated for returns) or relatively little. Then I am left wondering why we even bother drawing taxes throughout the year if it is only given back in full or beyond what was paid in. How will we ever reduce debt in this country if we continue to just give the tax money back at the end of the year. It just doesn’t make sense to do it this way.

Vending GuyOn 08.21.2008 at 6:54 am Said:

About a year or so ago the IRS made eBay give them the records of all Power Sellers. The names and addresses must have been full of junk information because now the IRS is going after merchants.

Very interesting that these news comes out the same week that eBay says you are not longer allowed to use money orders or checks. I guess the IRS is leaning on them pretty hard.