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Ina Steiner on EmailIna Steiner on LinkedinIna Steiner on Twitter
Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

4 thoughts on “Online Selling Fraud with a Side of Tax Evasion”

  1. I think there is going to be more and more of these type of tax fraud coming up in the near future as more and more Sellers are using FB and forcing buyers to pay with Friends and Family so they do not get a 1099 from Paypal and then do not report the income either. Many are going to wind up having their accounts closed by Paypal when they get caught and others are going to keep doing it since Paypal has not caught up with them yet, but eventually have their taxes audited or reviewed as the IRS starts looking more and more into how they can afford their style of living on what little they seem to make.

    Most just do not want to understand that all sales are subject to income tax and think that since they do not get a 1099 they are not subject to income tax on those sales.

  2. She’s just a really bad accountant. How could she know that the IRS wouldn’t catch her? I have received the letter from the IRS which requires you to report those sales on your tax return. Whenever you link your paypal or any payment to your own bank account that’s how the IRS tracks money.

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