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If You Are Selling Online? Don't Forget Taxes.

Posted 08-12-2008 at 04:30 PM by MaxB
Selling Online? Don't Forget Taxes.

By Chris Crum - Fri, 08/08/2008 - 8:55am.

The IRS will make sure.


Keeping in the spirit of watching out for the IRS, you might be interested to know that President Bush is about to sign new legislation that will require PayPal and other online payment services to report annual gross receipts to the IRS.

As Martin Vaughan at the Wall Street Journal reports, online sellers are facing new tax rules....
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NY strikes deal with Citigroup to buy back troubled securities from small investors a

Posted 08-08-2008 at 02:39 PM by MaxB
By Tami Luhby

NEW YORK (CNNMoney.com) -- If your bank contacts you about a bond-like investment you made some time ago, don't ignore it. You could benefit from an unusual settlement that will allow you to get back 100% of your investment's value.

Citigroup announced Thursday that by Nov. 5 it would buy back so-called auction-rate securities from individual investors, charities and businesses with assets of $10 million or less. Hours later, Merrill Lynch (ML) announced...
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