The IRS collects tax on profit made from sales. Many states, but not all, collect a sales tax made on internet purchases. That's its folks! :-)
DId you get that paperwork from the IRS about purchasing? over $600.00
So a friend of mine told me that if you purchase anything with pay pal and it is over $600.00 you will get a form from IRS and you will have to cut them a check.is this true? and does that mean I can't purchase from Ebay or any other audio site? say it ain't so.