If you receive more than $20,000 in PayPal payments per year AND receive more than 200 payments per year, PayPal is now required by law to report those earnings to the U.S. Government. According to a post on the PayPal blog, this law effects a small percentage of PayPal customers. Well, guess what, folks. I’m one of those, and you could be too. Read the whole story on the PayPal blog.
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E-Commerce Instructor | eBay Education Specialist
August 10th, 2008 at 3:27 pm
PayPal To Report Your Sales to the Government
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