OT: Paypal IRS summons ---Legit per Paypal

blu62vette

Ok I am just curious how many people received this email. It doesn't look like spam because there are no links. I guess the IRS will see I spend more than I sell.......



Notice of IRS Summons

Dear xxx xxxxxxxx,

PayPal has received a summons from the United States Internal Revenue Service requiring us to produce various account records, including data related to your PayPal account. PayPal understands the summons relates to the IRS' offshore compliance program in which the IRS has sought information about offshore credit card accounts from a number of companies.

Your privacy is extremely important to PayPal. PayPal is obligated, however, to turn over the requested data. PayPal has been ordered by the United States District Court for the Northern District of California to provide the information to the IRS, and PayPal expects to begin providing this information to the IRS on January 10, 2008. The summons and court order both issue from the United States District Court in an action entitled: In The Matters of the Tax Liabilities of John Does, Case No. CV-05-04176-JW.

If you have any concerns about the disclosure of this information, you should consult with your tax or legal advisor. You may have rights in connection with the summons, including the right to seek to prevent the IRS from obtaining some or all of the information. The statute of limitations that limits the time in which the IRS may assert tax liabilities against you may be suspended beginning on the date which is six months after the IRS served the summons upon PayPal and continuing until PayPal finally resolves its response to the IRS. See 26 U.S.C. § 7609(e)(2).

PayPal cannot provide you with legal advice. If you have questions concerning the summons and court order, we encourage you to contact the IRS, your tax advisor and/or your attorney.

If you wish to contact the Internal Revenue Service regarding this matter, they can be reached at (215) 516-4777.

Thank You,

The PayPal Legal Team

rgCoinGuy

I have not received that, however, if you are using an offshore credit card, that may have raised a red flag, as long as you spend more than you sell, as you say, I imagine you should be fine, but you may want to let your accountant know about this and see what they say..... EDITED TO ADD, I would not call the number in the Email however, that could be the Phish!!!

Russ

I didn't receive it, and I do quite a bit in PayPal transactions.

Russ, NCNE

MORGANHUNTER2

Someone needs to check filings in cal superior court to see if this is a real docket number- it looks bogus to me.

blu62vette

I dont have anything offshore but do live in No. Cal. I wasnt to sure where to look on paypal to see if they say anything about it on their site.

Coin Finder

Phishing...

blu62vette

What is phishing about it? There are no links? Will something happen if you call the phone number?

RayNY2E

Did you Try Calling Paypal? 1-888-215-5506. Ray in Florida..

Russ

I'm not finding anything about this on the eBay PayPal forum.

Russ, NCNE

COINB0Y

Scam!

rgCoinGuy

If you call the number, they could attempt at that point to pressure you into giving personal information, such as SSN, which would seem normal for the IRS, since that is how they know who we are.....

Tootawl

If the email had any links, examine the links carefully before hitting anything.

SpaceMonkey

some info after going some quick searches for you... stinks IMO...


Text


Also, looked up the phone #... comes back as a residential number and NOT the IRS.

just some quick info... i would NOT reply to that email.

-sm


edited to add: ALWAYS CALL PAYPAL DIRECT IF YOU HAVE ANY QUESTIONS OR CONCERNS...GET IT FROM THE SOURCE USING A KNOW NUMBER

Bullish

Was the message, just to your Email address. Or was there one to your inbox on Ebay. If there's one on Ebay, then it's legit!

rgl1345

Phone Report for (215) 516-4777
#
NAME: AVAILABLE
#
TYPE: RESIDENTIAL
GUARANTEE: NO RESULTS – NO CHARGE!
INCLUDES UP-TO-THE-MINUTE LISTING UPDATES FOR: (WHEN AVAILABLE)
#
# OWNER NAME & ADDRESS
UNLISTED & NON-PUBLISHED NUMBERS
#
# CELL PHONE NUMBERS
INTERNET NUMBERS (VOIP)
#
# BUSINESS NUMBERS
RESIDENTIAL NUMBERS
#
# PHONE TYPES & CARRIER
CURRENT & HISTORICAL INFO
#
# PHONE LOCATION
MUCH MORE...
#
MOST PHONE SEARCHES ARE INSTANTLY DISPLAYED. EXPERT SEARCH ASSISTANCE IS AUTOMATICALLY PROVIDED FOR PHONE NUMBERS AT NO ADDITIONAL COST.

[View Sample]

rgl1345

Search Results for (215) 516-4777
(1 - 8 of 8)
Featured Sites
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Match.com: "It's ok to look"

Weichert Realtors Dunphy Sales

12030 Bustleton Avenue Philadelphia, PAzip code
Phone | Search the Web | More Information
Specialties: 100% Financing Available, 1st Time Buyer Program, Avoid Costly Selling Mistakes, more...
Business Categories: Real Estate Buyer Consultants
Map| Driving Directions| What's Nearby?| Send this listing to your mobile phone as an SMS text messageSend to Mobile Phone

Coxe

I recognize the phone number as a Philadelphia one. Doubt it is the IRS, unless thta happens to be the location of your local field office and then they would approach you, not PayPal. I'd send it as an attachment to PayPal and perhaps CC: the FBI. If someone is running a phish out stupidly with a US phone, they should be quick to catch. Of course, it could also relay the call offshore but could then at least be shut down.

ziggy29

If the IRS has a problem with you, they will let you know in a scary letter, not by someone else sending e-mail.

Last year I had a letter from the IRS which told me I owed them over $31,000 for 2005. As it turns out I forgot to enter a stock sale related to cash-out exercise of employee stock options. I netted a little over $9,000, but there was $82,000 in stock sales which I forgot to enter on Schedule D (but the gain was already reflected on W-2 income and taxed). Well, after excreting bullets I called the IRS and explained what happened and rattled off the relevant item on the W-2 validating my claim and the matter was closed.

Yikes.

rgl1345

The number in the phone book belongs to Weichert Realtors Dunphy Sales

blu62vette

<< <i>some info after going some quick searches for you... stinks IMO...


Text


Also, looked up the phone #... comes back as a residential number and NOT the IRS.

just some quick info... i would NOT reply to that email.

-sm


edited to add: ALWAYS CALL PAYPAL DIRECT IF YOU HAVE ANY QUESTIONS OR CONCERNS...GET IT FROM THE SOURCE USING A KNOW NUMBER >>



I saw that other page too. Someone says legit others say not. I forwarded it to the IRS and Paypal. It was sent to my email and has my name, not my user ID in the greeting.

rgl1345

<< <i>The number in the phone book belongs to Weichert Realtors Dunphy Sales >>

of course that may not be up to date

Russ

If you dial the number, a rather well done recording answers and asks that you leave a message. Of course, you can't leave a message because the mailbox is full. I can't remember ever calling the IRS and encountering a full mailbox. Scam, and a very sophisticated one at that.

Russ, NCNE

rgl1345

Some of the "cross directories" are out of sinc. I get 2 different companies:-D

YaHa

I got a letter from my Bank Of America credit card company last month offering me to reach a option settlement of any offshore transactions I did since 1999 with that company. As I read it states I have 3 options.

#1 Take a $50 credit towards my bill or have a check sent to me. And show no transactions bills.

#2 Join along with the settlement already approved and have docs ready if transactions are over $2,000 and you must let the IRS Know on your tax return during the year you receive the check.

#3 Opt Out and the courts and lawyers will disburse a check after reviewing my acct. And if there is any settlement proven in my account over $1,999.00 you must report earnings on your taxes or consult your tax advisor.

The lawsuit was won in the amount of $336 Million dollars.

Get this after legal fees and all other fees, for the legal defense $90+ million if approved by the judge/court will given. The rest of the settlement will be split evenly to all parties that have been contacted.and involved.

Bank Of America was found guilty of charging Atm fees, retail fees, and all other fees that a person would use their card for in a foreign country. The problem was they charged more fees against the exchange rate US dollars. Boy did the F up.

I hope this helps this could be a scam rub off on the email your got.

I called my cc company and someone at the 800 number told me that something was going on, contact the phone number listed or send in your agreement page. To this day I don't know if this is true, but it seems legit.

I made a edit to the amounts boy I read to freakin fast sometimes.

Dabigkahuna

Bogus.

blu62vette

I just talked to Ebay and they said it was legit. They just started sending them out today.

alifaxwa2

<< <i>I got a letter from my Bank Of America credit card company last month offering me to reach a option settlement of any offshore transactions I did since 1999 with that company. As I read it states I have 3 options.
.
.
.
.
I called my cc company and someone at the 800 number told me that something was going on, contact the phone number listed or send in your agreement page. To this day I don't know if this is true, but it seems legit. >>



This could be real.
Link to MSN article

jessewvu

I am pretty sure it is phishing. Call PayPal, they have people working 24/7. If you can't get through, I will call with my merchant #. I will ask them for you.

blu62vette

<< <i>I am pretty sure it is phishing. Call PayPal, they have people working 24/7. If you can't get through, I will call with my merchant #. I will ask them for you. >>



I called and they said it was legit.

Longacre

The IRS would contact you via mail, not email. There are third party summons, but given the email, it looks bogus to me. If in doubt, just call a well publicized phone number for Paypal or Ebay and ask.

jessewvu

I wonder what it has to do with? Do you sell internationally?

lathmach

Type in that IRS phone # on Google and this
comes up.

Ray

Bochiman

Looks like 2 different items.
The OP has one and then people are putting other info about the fees charged when traveling to foreign countries.

The 2nd one is against more than 1 bank and is something that is pretty widespread.

blu62vette

<< <i>I wonder what it has to do with? Do you sell internationally? >>



Sounds like my info was passed along but not that the IRS specifically is targeting me, maybe someone I sent funds to, who knows. I sell only occasionally on Ebay and havent shipped overseas since before ebay was around. I am not to worried since my sales are so low. But I should probably look to see what I sold and gather some cost basis if needed.

Longacre

Here is the Code section: summons. I typically don't use an online Code so I am not sure how accurate this cite is. I can check the real online version tomorrow.

I will see if I can find anything else out tomorrow at the office (at my usual and customary fee, of course )

notwilight

I sell occasionally overseas. I've accepted checks from Canada but anything over a few hundred bucks I require a bank wire. I haven't recieved any such memo. My guess is your records are being requested in an investigation of someone else you sold/bought from. good luck, Jerry

ddink

The Bank of America thing is real & legit.

ttown

I wouldn't do a thing. PayPal has your records already and if they need to serve you they don't do it by an email. I'd let it ride if it's real they will either serve you or at least call you.

tyler267

<< <i>I wouldn't do a thing. PayPal has your records already and if they need to serve you they don't do it by an email. I'd let it ride if it's real they will either serve you or at least call you. >>



I agree, I would just ignore the email, As long as you have been declaring all of your ebay sales and keeping the proper records, I wouldn't worry it.

Here is an interesting side note - Based on some statistics I saw at a recent tax update seminar - about 1 in 25 sole proprietors (schedule C) were audited in the last reporting cycle, compared to Corporations which had a 1 in 400 audit rate. Seems like tempting fate to be a Scedule C right now.

TwoSides2aCoin

I"ve been ringing that phone number all night trying to order a pizza...

(215) 516-4777

Get all your friends to order a pizza, too

coinpictures

Geez... I see replies to the legitimacy of this are all over the map. Also, the fact that this thread mixes (1) a supposed IRS matter coming from PayPal with (2) the $25 offshore credit card settlement, and (3) notifications from eBay, doesn't exactly help matters, given that they are all unrelated. I do quite a bit of PayPal business, both incoming and outgoing, yet did not receive the IRS email.

Some of the posts above refer to this coming from eBay, not PayPal. Which is it? The OP's post says nothing about eBay, yet later posts say these notices are coming from eBay...

Confusion apparently reigns.

MadMarty

<< <i>I got a letter from my Bank Of America credit card company last month offering me to reach a option settlement of any offshore transactions I did since 1999 with that company. As I read it states I have 3 options.

#1 Take a $50 credit towards my bill or have a check sent to me. And show no transactions bills.

#2 Join along with the settlement already approved and have docs ready if transactions are over $2,000 and you must let the IRS Know on your tax return during the year you receive the check.

#3 Opt Out and the courts and lawyers will disburse a check after reviewing my acct. And if there is any settlement proven in my account over $1,999.00 you must report earnings on your taxes or consult your tax advisor.

The lawsuit was won in the amount of $336 Million dollars.

Get this after legal fees and all other fees, for the legal defense $90+ million if approved by the judge/court will given. The rest of the settlement will be split evenly to all parties that have been contacted.and involved.

Bank Of America was found guilty of charging Atm fees, retail fees, and all other fees that a person would use their card for in a foreign country. The problem was they charged more fees against the exchange rate US dollars. Boy did the F up.

I hope this helps this could be a scam rub off on the email your got.

I called my cc company and someone at the 800 number told me that something was going on, contact the phone number listed or send in your agreement page. To this day I don't know if this is true, but it seems legit.

I made a edit to the amounts boy I read to freakin fast sometimes. >>



I got the same letter but from the US District Court. It had the forms to be filled out and asked for no personal info (everything needed was printed on the form already). There is also a website to file on and all you do is enter your ID# on the form. No other info was asked for.

CaptHenway

<< <i>

<< <i>I got a letter from my Bank Of America credit card company last month offering me to reach a option settlement of any offshore transactions I did since 1999 with that company. As I read it states I have 3 options.
.
.
.
.
I called my cc company and someone at the 800 number told me that something was going on, contact the phone number listed or send in your agreement page. To this day I don't know if this is true, but it seems legit. >>



This could be real.
Link to MSN article >>



The Bank Of America $25 refund thing is real.
The original poster was asking about a completely different thing involving Paypal and the IRS that sounds totally bogus.
MOO
TD

blu62vette

<< <i>Geez... I see replies to the legitimacy of this are all over the map. Also, the fact that this thread mixes (1) a supposed IRS matter coming from PayPal with (2) the $25 offshore credit card settlement, and (3) notifications from eBay, doesn't exactly help matters, given that they are all unrelated. I do quite a bit of PayPal business, both incoming and outgoing, yet did not receive the IRS email.

Some of the posts above refer to this coming from eBay, not PayPal. Which is it? The OP's post says nothing about eBay, yet later posts say these notices are coming from eBay...

Confusion apparently reigns. >>



The email came from Paypal and I called paypal to verify and they did indeed verify it.

sonoranmonsoon

<< <i>Ok I am just curious how many people received this email. It doesn't look like spam because there are no links. I guess the IRS will see I spend more than I sell.......



Notice of IRS Summons

Dear xxx xxxxxxxx,
PayPal understands the summons relates to the IRS' offshore compliance program in which the IRS has sought information about offshore credit card accounts from a number of companies. >>



This phrase caught my attention. As someone mentioned earlier, this issue may not involve you directly. It may simply involve someone or company that had their PayPal account linked to an offshore account that is under investigation. The person under investigation may have paid you through this PayPal account or an account linked to a credit card company under investigation. The IRS may be simply compiling info on all transactions the person or company under investigation did business with. Most likely you are not the target here, one of your customers is. Just a thought.

habaraca

maybe someone is messing with you.

Have you given any NEG's lately or X'd someone?

TwoSides2aCoin

<< <i>I"ve been ringing that phone number all night trying to order a pizza...

(215) 516-4777

Get all your friends to order a pizza, too >>



In memory of A-Coin forum

Okay, so my puns are terrible. I'm trying

johnnymondo411

U S GOVT INTERN (215) 516-4777
Confirmed non-DA
VERIZON PENNSYLVANIA
PHILADELPHIA, PA

PHILADELPHIA PA 19115-3332

Records: 1 to 1 of 1


This is what was found running that number in Accurint/LexisNexis

As others have stated, Paypal is just letting you know they gave your information out to the IRS. If you received this email be sure to disclose all ebay transactions on your accountant.

TwoSides2aCoin

This is what David Hall meant when he said have fun with coins

I love our country. I didn't order a pizza. I plead the fifth.

BAJJERFAN

Gee, didn't ANYBODY just send the dumb thing back to spoof@paypal.com?

Russ

Well, it turns out that this eMail is legit.



<< <i>Hi happyauctions69,

That potentially could have been a real email. A notification regarding PayPal receiving a court order to turn over account information to the IRS on a small number of accounts went out yesterday.

Let me look into this further and I will post back.

Thanks,
Eric >>



http://forums.ebay.com/db2/thread.jspa?threadID=2000491963&tstart=0&mod=1199476316139

Russ, NCNE