Hargrave
www.kegkits.com
256-656-1924
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of John Freer
Sent: Thursday, August 28, 2008 12:17 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
According to http
, August 28, 2008 11:06 PM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
this doesn't make any sense. what sort of margins does a big supermarket
chain operate one?
let's say 5 percent, although i understand the total is lower. so they will
be losing 23 percent
PROTECTED]
On Behalf Of Gary Hurst
Sent: Thursday, August 28, 2008 11:06 PM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
this doesn't make any sense. what sort of margins does a big supermarket
chain operate one?
let's say 5 percent, although i understand the total
:[EMAIL PROTECTED]
On Behalf Of Gary Hurst
Sent: Friday, August 29, 2008 11:31 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
ah, well, then everybody just get a tax ID number, i suppose. i think they
are free from the IRS or at least cheap. every mexican in the barrio
-1924
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of Gary Hurst
Sent: Friday, August 29, 2008 11:31 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
ah, well, then everybody just get a tax ID number, i suppose. i think
: Re: [MBZ] Recent IRS Ruling (no joke)
ah, well, then everybody just get a tax ID number, i suppose. i think they
are free from the IRS or at least cheap. every mexican in the barrio seems
to have one, so i presume y'all can get one too.
it still defies logic though as most people at some
Sent: Friday, August 29, 2008 12:00 PM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
yeah, good point. so all it does is make people who are actually a
business have a business tax id? i guess that seems ok to me.
there are a lot of guys on ebay who go do the rounds
We currently have 1099-Misc for lots of things, including business expenses,
where if you want to expense payments totaling $600 or more to a subcontractor,
you have to issue the 1099 unless the subcontractor is incorporated.
It sounds like the eBay scheme is attempting to do something similar
Gary Hurst [EMAIL PROTECTED] writes:
there are a lot of guys on ebay who go do the rounds of the estate/yard
sales and then resell on ebay. some of those guys do this full time. i
suppose it is they are who are the target here.
Gawd can you really make money doing that? The stuff people
it can be done by people who invest the time. some just specialize in one
are so they can have he expertise to spot bargains. buy for 5 and turn it
for 30 all day long.
On Fri, Aug 29, 2008 at 5:28 PM, Allan Streib [EMAIL PROTECTED] wrote:
Gary Hurst [EMAIL PROTECTED] writes:
there are a
I don't really see a problem there. If you need the education then you
got to pay it.
Manfred
Date: Fri, 29 Aug 2008 12:30:31 -0400
From: Gary Hurst [EMAIL PROTECTED]
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
ah, well, then everybody just get a tax ID number, i suppose. i think
-656-1924
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of John Freer
Sent: Thursday, August 28, 2008 12:17 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
According to http://www.snopes.com/politics/taxes/paypal.asp
: Wednesday, August 27, 2008 9:29 PM
Subject: [MBZ] Recent IRS Ruling (no joke)
A recent IRS ruling will require all CC processors (merchant accounts) to
report revenue to the IRS. And if your CC merchant account is setup with a
SS# instead of a FEIN#, your processor will be required to withhold
I wonder how this affects CraigsList and local Trading Post type of
sales?
Not much, I'd say. CL mostly isn't involved in the payment
end at all. Not sure about their commercial side whereby the
infrastructure is paid for.
-- Jim
___
@okiebenz.com
Cc: 'Steve Clingman' [EMAIL PROTECTED]
Sent: Wednesday, August 27, 2008 9:29 PM
Subject: [MBZ] Recent IRS Ruling (no joke)
A recent IRS ruling will require all CC processors (merchant accounts) to
report revenue to the IRS. And if your CC merchant account is setup with
a
SS# instead
Tom Hargrave [EMAIL PROTECTED] writes:
A recent IRS ruling will require all CC processors (merchant
accounts) to report revenue to the IRS. And if your CC merchant
account is setup with a SS# instead of a FEIN#, your processor will
be required to withhold income tax against the revenue.
LarryT [EMAIL PROTECTED] writes:
I wonder how this affects CraigsList and local Trading Post type
of sales? Then's there's flea markets and yard sales - all ways to
move money around. IMHO the IRS should be content with employer
related withholding and leave small time entreprenours alone..
Of John Freer
Sent: Thursday, August 28, 2008 12:17 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
According to http://www.snopes.com/politics/taxes/paypal.asp, this is
true but the intent is to review only offshore transactions. Also
applies to more than just
A recent IRS ruling will require all CC processors (merchant accounts) to
report revenue to the IRS. And if your CC merchant account is setup with a
SS# instead of a FEIN#, your processor will be required to withhold income
tax against the revenue.
The ruling will affect all PayPal accounts
According to http://www.snopes.com/politics/taxes/paypal.asp, this is
true but the intent is to review only offshore transactions. Also
applies to more than just credit cards though.
On 8/27/08, Tom Hargrave [EMAIL PROTECTED] wore rote:
A recent IRS ruling will require all CC processors
256-656-1924
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of John Freer
Sent: Thursday, August 28, 2008 12:17 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Recent IRS Ruling (no joke)
According to http://www.snopes.com/politics/taxes/paypal.asp
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