Friday, January 20, 2012

New Tax Law for People That Receive Paypal Payments

More fun tax news. Now Paypal is being required to send out form 1099 K for anyone receiving more than $20,000.00 or more than 200 transactions. Click here for the Paypal FAQ Page

I think this could get confusing!

I get almost all of my payments through Paypal. Payments for freelance writing, Etsy, Banner ads that I sell on the pony forum I own, Jam, E-books.

I am thinking I could be over the 200 transaction limit. Oh joy. Not.

I feel my headache getting worse.

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Kay's Crochet Mystery Boxes/Bags Update

We have been getting a lot of questions on our Mystery boxes so here you go! First some have asked why we are now shipping in bags. USPS...