IRS Goes After eBay, Wants Info on Seller Earnings
If you are making a living selling stuff on ebay and are not declaring your earnings, be careful. The US tax authorities are doing everything they can to make sure that you are not evading your responsibilities, and they're asking the online auction giant to provide the government with a list of sellers' earnings.
With so many people making part or all of their living through eBay, the government wants its cut. This isn't an issue of any new taxes, but an attempt to collect the income tax that is already required. Because eBay does not report information about its sellers to the government, income reporting is left up to individuals, and the temptation not to list eBay revenue as income can be a strong one—and in some cases, it's not always clear when one has to do so.