by Rich Klein Like many of today's hobbyists, I am an avid reader of various Internet sports collecting chat/message boards. There is so much information to be gleamed from reading these boards. This week, one of the most interesting topics concerned the threads devoted to 1099's being sent from PayPal. The IRS says you'll get one if you received more than $20,000 in gross … [Read more...] about Ramblings: Will 1099 Forms from Paypal Lead to Card Show Comeback?
The Internal Revenue Service believes there's a huge gap between the amount of taxes it collects and what it should be taking in. They're now taking steps to change that. One area of strong interest is the huge number of people who are now picking up extra income by selling on eBay. For most, it's just the means to support a hobby. Others, though, have learned how to make … [Read more...] about Selling on eBay? The IRS May Be Watching