Jump to content

Just a Friendly reminder for 2022


Fish

Recommended Posts

According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported.

  • Thanks 2
  • Sad 1
Link to comment
Share on other sites

Another friendly reminder.  Your teeth depend upon your gum's health.  Learn how to floss effectively, use a stimulator to run along the gum line, and then a sulca brush for both inside and outside gumline brushing.  Then finish by brushing your teeth.  Before bed is a good time for this.  You're welcome.

  • Like 1
Link to comment
Share on other sites

1 minute ago, Westcoastdrums said:

Uhhhh OK... 

Well, one involves no new law change, simply a reporting change.  The other involves valuable information for your health.  In your line of work, I'm sure you have smelled old people breath from across the room due to poor oral hygiene.  Join them if you wish.

  • Haha 2
Link to comment
Share on other sites

11 minutes ago, oldtimer said:

Another friendly reminder.  Your teeth depend upon your gum's health.  Learn how to floss effectively, use a stimulator to run along the gum line, and then a sulca brush for both inside and outside gumline brushing.  Then finish by brushing your teeth.  Before bed is a good time for this.  You're welcome.

you're a Dentist ?

Link to comment
Share on other sites

  • Moderators
9 hours ago, Fish said:

According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported.

 

 

https://www.cnet.com/personal-finance/taxes/fact-or-fiction-the-irs-is-tracking-payments-over-600-on-paypal-and-venmo-in-2022/

 

Paypal did a press release on this a little bit ago.

  • Like 1
Link to comment
Share on other sites

20 hours ago, Fish said:

According to reports. Paypal , Venmo and the like will now report to the Eye RS any transfer over $600 in a year. And keep record of your income through them. So keep good records of those old records or radios or whatever you sell cause your BIG OLD Brother is watching and may want an explanation.....Just to be clear 200 + 200+ 200 or more will be reported.

 the 600$ applies per person or per household ?

Link to comment
Share on other sites

Everyone using PayPal will eventually experience the necessary pricing adjustments to offset those new taxes. I have already raised my prices on online transactions requiring PayPal payments incoming to my account. I can't absorb these additional taxes myself, so I have already passed them on.  I  just blame it on the massive inflation we have all experienced recently. New normal.

Link to comment
Share on other sites

This will not be the last new online tax reporting rule we will see changed. This one has been a long time coming. Your Uncle Sam is very hungry right now, and he's already missed breakfast and lunch. One day you'll come home to find he has opened all of your cupboard doors. Nothing you can do either, now or later, to change that.  New normal.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...