[Amps] Time to Quit Using PayPal?
Glen Zook
gzook at yahoo.com
Fri May 21 18:53:07 PDT 2010
Unfortunately, the Internal Revenue Service is "cracking down" on people who sell things using eBay and PayPal. It seems that way too many persons are making profits selling items and not reporting them to the IRS. It isn't PayPal's idea to get Social Security numbers, it is the United States Government's requirements. PayPal and eBay are going to have to report sales figures to the government!
Glen, K9STH
Website: http://k9sth.com
--- On Fri, 5/21/10, RICHARD SOLOMON <w1ksz at q.com> wrote:
Let's see ... they (PayPal) have your Name, Address & Phone Number. If you link your account to a Bank Account, they have a routing number. Now they want your SSN !!!
As a philosophical old drunk once told me ..."Trust Me" ...
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