VIDEODROME
12-20-2007, 12:19 AM
Right now I'm unemployed living on MI unemployment benefit and there doesn't seem to be many good jobs where I live. I was thinking about selling stuff on Ebay for extra money but while reading up on it it seems that the IRS has become more interested in tracking down Ebay sellers saying that all auction profits are considered taxable income.
I find this discouraging because I don't really want to put together a file system just to keep track of all my online selling activities just in case of an audit. Or I could get "flagged" because I'm collecting unemployment checks. If I started getting other checks it might look like I have another income. Maybe the IRS would want their cut or maybe Michigan unemployment would complain saying I'm fraudulently saying I'm unemployed.
I guess I'm just wondering what any Ebayers might think and also posting this because it illustrates why Ron Paul's goal of economic freedom is important. I'm sorry some people might be good at business and accounting and maybe don't think using up their personal or business time recording tax forms is a big deal but I'm not one of those people.
I find this discouraging because I don't really want to put together a file system just to keep track of all my online selling activities just in case of an audit. Or I could get "flagged" because I'm collecting unemployment checks. If I started getting other checks it might look like I have another income. Maybe the IRS would want their cut or maybe Michigan unemployment would complain saying I'm fraudulently saying I'm unemployed.
I guess I'm just wondering what any Ebayers might think and also posting this because it illustrates why Ron Paul's goal of economic freedom is important. I'm sorry some people might be good at business and accounting and maybe don't think using up their personal or business time recording tax forms is a big deal but I'm not one of those people.