New Bush proposal would allow $5000 yearly in Ebay sales- TAX FREE !

Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, whereby Ebay sales
would come under the IRS tax umbrella- and Ebay would actually issue a
statement, similar to a W-2 or 1099 form, showing total sales and
total transactions for each seller on Ebay per year.

Now the good part- all sales under $5000 per year, or under 100
transactions per year, would be exempt !

This is a WIN-WIN for most small Ebay sellers- and basically a $5000
tax shelter for the average guy/gal selling on Ebay. Reason- most
Ebay sellers fall under that amount of sales, and would be considered
exempt ! If you sell on Ebay and are claiming $5000 or less in gross
sales currently, it would all become TAX FREE ! You would no longer
have to claim it !!
"W" would basically be giving us all a $5000 tax deduction every year,
on sales of used household goods !!

Check it out:

http://arstechnica.com/news.ars/post...merge-on-irs-p...

Details emerge on IRS plans to tax eBay auctions
By Nate Anderson | Published: May 15, 2007 - 11:55PM CT

Changes are contained in the President's 2008 budget proposal.
Instead
of targeting only Internet auction sites, the current proposal
actually expands the definition of a "broker" to include middlemen
that don't actually function as the customer's agent in a
transaction--
like eBay, for instance. Brokers currently need to file a form with
the IRS that gives the name, address, and gross proceeds of each
customer they work for; under the new proposal, many more companies
would need to do the reporting.

The Treasury Department wants the change because, as the budget
request notes, "compliance increases significantly for amounts that a
third party reports to the IRS." But this isn't a change that will
apply to all eBay sellers; in fact, most will be exempt from the new
reporting requirements.

Internet auction sites will only be required to report customer
revenue information if the customer does more than 100 separate
transactions in a fiscal year and generates more than $5,000 in gross
proceeds. In a report from the Information Reporting Program Advisory
Committee (part of the IRS), the new proposal is supported by a 2005
study showing that over 700,000 Americans have a primary or secondary
source of income through eBay.

On Dec 13, 6:57 pm, trippin-2-8-track wrote:
Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, whereby Ebay sales
would come under the IRS tax umbrella- and Ebay would actually issue a
statement, similar to a W-2 or 1099 form, showing total sales and
total transactions for each seller on Ebay per year.

Now the good part- all sales under $5000 per year, or under 100
transactions per year, would be exempt !

This is a WIN-WIN for most small Ebay sellers- and basically a $5000
tax shelter for the average guy/gal selling on Ebay. Reason- most
Ebay sellers fall under that amount of sales, and would be considered
exempt ! If you sell on Ebay and are claiming $5000 or less in gross
sales currently, it would all become TAX FREE ! You would no longer
have to claim it !!
"W" would basically be giving us all a $5000 tax deduction every year,
on sales of used household goods !!

Check it out:

http://arstechnica.com/news.ars/post...merge-on-irs-p...

Details emerge on IRS plans to tax eBay auctions
By Nate Anderson | Published: May 15, 2007 - 11:55PM CT

Changes are contained in the President's 2008 budget proposal.
Instead
of targeting only Internet auction sites, the current proposal
actually expands the definition of a "broker" to include middlemen
that don't actually function as the customer's agent in a
transaction--
like eBay, for instance. Brokers currently need to file a form with
the IRS that gives the name, address, and gross proceeds of each
customer they work for; under the new proposal, many more companies
would need to do the reporting.

The Treasury Department wants the change because, as the budget
request notes, "compliance increases significantly for amounts that a
third party reports to the IRS." But this isn't a change that will
apply to all eBay sellers; in fact, most will be exempt from the new
reporting requirements.

Internet auction sites will only be required to report customer
revenue information if the customer does more than 100 separate
transactions in a fiscal year and generates more than $5,000 in gross
proceeds. In a report from the Information Reporting Program Advisory
Committee (part of the IRS), the new proposal is supported by a 2005
study showing that over 700,000 Americans have a primary or secondary
source of income through eBay.



just emailed to Rush Limbaugh, to be broadcast nationwide to millions
of listeners this week, nationwide

see what being a dumb ass gets you, DeserTBob ?

see what being a dumb ass gets you, DeserTBob ?
dBob wields that much clout? Impressive.

On Dec 13, 8:41 pm, "William W Western"
wrote:
see what being a dumb ass gets you, DeserTBob ?

dBob wields that much clout? Impressive.


the only clout he yields, is on his own pecker...

On Fri, 14 Dec 2007 01:41:10 GMT, "William W Western"
wrote:

see what being a dumb ass gets you, DeserTBob ?
dBob wields that much clout? Impressive. snip

Of course! From where do you think that big crease in Noodles' skull
came? It's from me bashing him endlessly, enough to have permanently
modified his head. No worries...nothing in there, anyway.

On Thu, 13 Dec 2007 16:11:24 -0800 (PST), trippin-2-8-track
wrote:

On Dec 13, 6:57 pm, trippin-2-8-track wrote:
Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, snip

You really think Congress will pass ANYTHING Bush wants? Surely you
can't be serious....

He IS serious...and don't call me Shirley!

On Dec 15, 11:26 am, DeserTBoB wrote:
On Thu, 13 Dec 2007 16:11:24 -0800 (PST), trippin-2-8-track

wrote:
On Dec 13, 6:57 pm, trippin-2-8-track wrote:
Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, snip

You really think Congress will pass ANYTHING Bush wants? Surely you
can't be serious....

He IS serious...and don't call me Shirley!

To all who may read this at any future date:

Everything "DeserTBob" is saying, is a complete falsehood.
"DeserTBob" is an unemployed illegal alien from California. He was
a
former Bell Systems employee who was fired from his job- he faked an
injury to get disability- so now he sits home and trolls the
internet,
harassing people- for lack of anything else constructive to do.


"DeserTBob" bought 2 items from "66fourdoor" on Ebay at one time.
One
was an 8-track alignment tape- the other was a VHS movie tape.
"DeserTBob" was unhappy with the items, the seller agreed willingly
to
issue a full refund, once the items were returned. "DeserTBob"
returned the alignment tape and received a full $40 refund.
"DeserTBob" kept the VHS tape because in reality, there was nothing
wrong with either item- and the movie tape was a rare out of print
movie, otherwise unavailable. (it has since been re-released on
DVD). The returned alignment tape was later resold to another buyer
on Ebay, who left positive feedback for it.


"DeserTBob" then left a negative feedback for the seller, even though
he got a full refund- "DesertBob" has continued to harass the seller
and seller's family ever since, for over 3 years now.


This is nothing new to "DeserTBob"- rather, it's way of life for him-
he also purchased (8) tapes from another seller for ONE CENT each,
only to leave the seller 8 negative feedbacks, stating "not worth a
penny".


Eventually a large quantity of complaints started flooding Ebay,
concering "DeserTBob" and his auction harassment. Ebay then banned
Bob's Ebay username, which was "VOXPOPPER".


"DeserTBob" then returned to Ebay using a second name, calling
himself
"XCALIBER44"- and started once again harassing Ebay sellers'
auctions. He was again reported to Ebay, and "XCALIBER44" was also
banned.


These current slander/libel against Ebay sellers by "DeserTBob" are
completely unfounded- if you check the seller's feedback, you'll find
they have 99.9% positive feedback, with only 2 negatives in 6 years.
"DeserTBob" simply has an axe to grind, for being banned from Ebay
himself.


Furthermore, "DeserTBob" is decidedly anti-American, anti-USA, hates
the military, and is basically a socialist-communist-liberal left-
wing
kook. He fears and despises anyone religious in any way, and he also
doesn't believe in God. "DeserTBob" once posted a comment on Usenet
that said "**** Christmas". He can't accomplish anything himself,
so
he tears down other good Americans who are out there, trying to make
a
living. He goes through a yearly holiday depression and attacks
everyone on the internet moreso during holiday seasons- he has no
family to speak of, and obviously suffers from not being loved by his
mother enough, as a child.

On Sat, 15 Dec 2007 11:40:54 -0800 (PST), trippin-2-8-track
wrote:

On Dec 15, 11:26 am, DeserTBoB wrote:
On Thu, 13 Dec 2007 16:11:24 -0800 (PST), trippin-2-8-track

wrote:
On Dec 13, 6:57 pm, trippin-2-8-track wrote:
Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, snip

You really think Congress will pass ANYTHING Bush wants? Surely you
can't be serious....

He IS serious...and don't call me Shirley!

To all who may read this at any future date: snip

Charlie Nudo is a mental case suffering from paranoid delusions and
various personality disorders. See:

http://nudowatch.blogspot.com

....for more on this longtime eBay fraudster and Usenet pest.

On Dec 13, 6:57 pm, trippin-2-8-track wrote:
Attention all you Ebay sellers- this is one proposal you may want to
get behind- Bush may ask for a law to be passed, whereby Ebay sales
would come under the IRS tax umbrella- and Ebay would actually issue a
statement, similar to a W-2 or 1099 form, showing total sales and
total transactions for each seller on Ebay per year.

Now the good part- all sales under $5000 per year, or under 100
transactions per year, would be exempt !

This is a WIN-WIN for most small Ebay sellers- and basically a $5000
tax shelter for the average guy/gal selling on Ebay. Reason- most
Ebay sellers fall under that amount of sales, and would be considered
exempt ! If you sell on Ebay and are claiming $5000 or less in gross
sales currently, it would all become TAX FREE ! You would no longer
have to claim it !!
"W" would basically be giving us all a $5000 tax deduction every year,
on sales of used household goods !!

Check it out:

http://arstechnica.com/news.ars/post...merge-on-irs-p...

Details emerge on IRS plans to tax eBay auctions
By Nate Anderson | Published: May 15, 2007 - 11:55PM CT

Changes are contained in the President's 2008 budget proposal.
Instead
of targeting only Internet auction sites, the current proposal
actually expands the definition of a "broker" to include middlemen
that don't actually function as the customer's agent in a
transaction--
like eBay, for instance. Brokers currently need to file a form with
the IRS that gives the name, address, and gross proceeds of each
customer they work for; under the new proposal, many more companies
would need to do the reporting.

The Treasury Department wants the change because, as the budget
request notes, "compliance increases significantly for amounts that a
third party reports to the IRS." But this isn't a change that will
apply to all eBay sellers; in fact, most will be exempt from the new
reporting requirements.

Internet auction sites will only be required to report customer
revenue information if the customer does more than 100 separate
transactions in a fiscal year and generates more than $5,000 in gross
proceeds. In a report from the Information Reporting Program Advisory
Committee (part of the IRS), the new proposal is supported by a 2005
study showing that over 700,000 Americans have a primary or secondary
source of income through eBay.

But you always bragged that you made $2000~$3000 a month on Ebay.

But you always bragged that you made $2000~$3000 a month on Ebay.
But with write-offs (hopefully legit) he could
possibly whittle that down to nothing.