How have you handled payments with the new PayPal rules?

[Old School]

Originally Posted by prototoast

He's probably not planning on being audited, because only an extremely small portion of taxpayers are audited, but assuming he were, if you buy and sell most things online, it's not terribly hard to come up with receipts.

No bias. Read the actual .pdf from the IRS.

(pro tip: Get ready to take a few days off from work and pay hourly to your accountant when you get audited)