THE IRS HAS TAKEN MY TRANSACTIONS VIA PAYPAL AND IDENTIFIED THEM AS TAXABLE INCOME


I had multiple transactions here and at US Audio Mart in 2019 and yesterday received a letter from the IRS stating the transactions were "Taxable Income" anyone else ever experience that with Paypal and now what?
Fighting the IRS is not something I look forward to!
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I had gear stolen from me that I paid about 7500.00 usd for.  I had replacement  insurance IF I replaced the gear. I replaced the gear and it cost about 35,000 usd. So if I sell it for less than the replacement cost, not the original cost, it's considered a loss, but not deductible?

I have receipts for the original purchases and the replacement gear.

Does anyone see a problem here? I sure do..

The IRS would never know which was which. One way would show a gain one way would show a loss. Which way would be correct according to the IRS.

My point is there shouldn't even be taxes on used personal property, not part of a business. There is profit and loss on everything and a reason to collect taxes. My issue is the system in place that is so complicated and it can be manipulated if your willing to lie cheat and steal your way through the corrupt thing..

The only thing worse than our broken tax system is the Social Security skim, scam and the illegal collection of SS moneys and ZERO accountability for where the money comes from OR where it goes to.

Serious corruption in BOTH agencies. It's the TWO largest slush funds in the world.. With 6 slush funds between them.. Though I think Texas is not quite as corrupt (I say that tongue in cheek)

Three out of 10 of the largest tax collection sources and SS in the WORLD.

USA # 1
California  #5
Texas #9
About 2 years ago I heard that the IRS (illegal entity, see link below) . About 6 months ago I decided to see for myself and went to the local office. The doors are locked. A guard told me it's by appointment only. A couple days ago I drove a friend out there. Same issue. When he asked the guard the reply was, you don't want to know.

If you really want to get MAD:The Internal Revenue Service, a Private Corporation https://famguardian.org/TaxFreedom/Evidence/OrgAndDuties/IRSPrivateCorp-20070630.pdf
tweak1, "in the name of TAXES" has ended more businesses, want to be businesses and even, a though of a business, than any other single obstacle.

When a companies primary concern is, how to pay the "payroll taxes, workmans comp insurance, company tax liability for city, county, state and fed, property taxes, fire insurance, liability insurance, vehicle insurance, la=te-da.... AND then and ONLY then can you figure how to pay an employee, their health and welfare which includes supplemental work injury ABOVE workmans comp insurance and fund some type of retirement.

When we use to figure a total compensatory package for a single Union employee with a 30.00 per hour wage it was close to 90.00 per hour..

I understand the Employee side, I understand the Employer side, I don’t understand any part of the Governments position.

If there is a problem, it all has to be settled in a court. You can’t go to a local police station and say "that guy didn’t pay me" or anything else if you don’t have 10 witnesses. The police have no say so in "business matters" If your fired because of your age, being hurt on the job, your gender, religion, race, or for ANY reason you have ZERO recourse unless you have a contract or YOU hire a lawyer.

THAT is the problem in THIS country.

1. There is WAY to many "TAXES" on business

2. There is way to little enforcement for a worker rights.

3. There should be criminal enforcement on behalf of a worker in the event of unlawful termination, NOT the employee has to wade through civil courts, BUT NOW. Prove why you terminated an employee, with his arm chopped off, or is 60 years old, or Jewish or they didn’t like employers putting their hands on you or fellow workers.

AND pay them their wages owed and every mumpin penny if your ARE going to fire them for any other reason.. I’ve seen people wait a year for wages, and EARNED bonuses. WHILE the guy owing the money spent money hand over fist on 500.00 lunches.. and 6 week vacations twice a year..

Same for employers. A thief is a thief and all that. Criminal behavior is just that.  An employee can call the cops USUALLY nothing happens.. But let an employer call the cops on an employee and say the wrong thing.. YIKES
SWAT!!

You know the whole gambit.. I worked for a woman that couldn’t keep her hands off.

AND a terminal manager that though he could physically man handle women at work, ?im Carlso? No Names, LOL

The only broke part is who gets paid first. and the amount when they do..

Every Federal Agency is STILL shut down to the public. PURE BS.. Open the offices and do the business that the people are PAYING for.. NOW... Guards standing outside every agency.. You can’t even leave an EMail to anyone, to complain..

8 months for me trying to get SS to respond to 20K in back payments they OWE ME.. 20K is 20K.

Time to march people.

Everyone in this county that can walk should walk up to City Hall Monday, PEACEFULLY, and say "today it changes". AND peacefully march home..

Think Star Trek, over night the whole world changed, when the Vulcans landed.. "Infinite Diversity in Infinite Combinations", ya think they got a TAX PLAN?

2063 the Warp Barrier Zefram Cochrane. :-)
A country full of bean counters that can’t count?

Congress The more or less accounting method. LOL. I'm actually sobbing... thinking how broke it really really is..