Thursday, March 15, 2012

Small Sellers vs $20,000

We've often discussed what is a small seller.

By now, the answer is clear as a bell.

A small seller is a seller who is scared to death of accepting over $20,000 in payments from Paypal in a given year.

I think it would be well worth Ebay's investment to help small sellers past this barrier.

The height of the barrier is, for many, not the requirement to actually pay taxes on profits. We'll leave those sorts to their own small world.

Rather, the barrier involves record keeping. The vast majority of small sellers have no records beyond what Ebay shows them. Ebay can do better, far better, to encourage small sellers to become medium sellers, by building IRS oriented record keeping into selling.

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