Posts tagged taxes

Bikes, Marketplaces and Taxes

April 18, 2023 8:49am by dan
There's been recent changes in how taxes are reported for sellers on marketplaces like BikeList, eBay, and Etsy.

It also affects people who use PayPal or Venmo to pay each other for goods.

Don't believe me? Here's an article:
https://www.kiplinger.com/taxes/irs-form-1099-k-600-dollar-reporting-threshold

There are good solutions in DC on the table. But, a squeaky wheel is needed to get some folks behind this.
We're pressuring Congress to walk the policy back a little before it takes affect.

30 seconds of your time to fill out this form which will fire off a letter to your elected official:
https://1099kfairness.org/engage/take-action-2023