This may be of interest to some...


The Internal Revenue Service on Friday announced they are delaying new tax-reporting requirements for millions of Americans who made more than $600 of income from e-commerce platforms such as Ebay, Etsy and AirBnB.

 

From today's WSJ

srinisr

Remember, reporting it or not, there is no tax if there is no gain.

Most of us sell used items for less than we paid.

Wasn't it the Greeks who, about two thousand years ago, discovered that democracies only work when everyone contributes and pitches in? They had a word for those who reused to...idiota. They need to add scelestus as well.

All the best,
Nonoise

Let’s all look at the bright side, guys. Those who sold a lot this year and were expecting to pay a tax just got a nice Christmas present!

Happy Holidays all!