IRS Wants to Tax Online Sales
IRS Wants to Tax Online Sales
http://www.dailytech.com/article.aspx?newsid=7191
Interesting....I'd think that selling used items wouldn't apply since sales tax has already been collected....
Or, you buy something for $100.00 that gets taxed and you sell it for $50.00...If we pay the IRS tax on the fifty, we should be able to deduct the "loss" on our regular returns...
Or maybe they could do away with sales tax all together incase we sell it...
If you're happy and you know it......it's your meds.