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Re: Laura (Legend) Dunks on the ANA show in her Market Report
San Diego loses out to Las Vegas and Phoenix for the same reason Boston loses out to Baltimore. The hotels are too expensive and the travel is difficult for half the country. Nationally, San Diego al… (View Post)4 -
Re: It's over, going off course.
Nowadays, with the IRS multiple years behind, the "computer cross checks" can create cascading problems. E.g., if you have an overpayment from a previous year, applied to subsequent year, b… (View Post)2 -
Re: It's over, going off course.
The problem is coins are a low margin business. Dealers are lucky to get double digit margins, and collectors on average lose money. What does this mean for someone with $600 in sales, or even $20,00… (View Post)3 -
Re: It's over, going off course.
Which requires documentation. I'm not familiar with an IRS that "takes your word for it." (View Post)2 -
Re: It's over, going off course.
Why shouldn't income taxes be due on the profits of coin sales? In theory they should be. The 1099 issue is just an attempt to find the tax cheats. Imagine three ebay sellers, all of whom have 10k in… (View Post)1