Archive for taxes
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Paypal Reporting to the IRS
For those of you that receive payments via Paypal for whatever your business might be, you may be interested to know that Paypal will now be required to report payments made to you to the IRS. The Housing and Economic Recovery Act signed into law in 2008 is the culprit of the new requirement. [...]
The Bag Tax - Good Idea?
As Earth Day (04/22) approaches, the city of Seattle is making the news with their announcement this month of a PLAN to begin taxing paper and plastic bags at grocery and convenience stores. The plan calls for a $.20 cent tax on each bag that you use. The idea being that with the money [...]
