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Old 10-07-2011, 03:19 PM  
signupdamnit
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Join Date: Aug 2007
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Quote:
Originally Posted by bossku69 View Post
paypal is a great way to launder money. people selling goods and services all day long and there is no records that get sent to the IRS. I have friends that only do business on paypal and make $100k+ but only report they make about $15,000 a year in taxes
I hope they have fun when the IRS gets their Paypal records for the last ten years and threatens them with prison time and back taxes and penalties of $500,000.
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