Bixby Snyder
kiwifarms.net
- Joined
- Jul 30, 2021
That PayPal 'Friends and Family' feature could actually be his downfall. It is super easy to just check it as that type of transaction but he would have to be very careful. You avoid paying fees when you do so (like 3% total) and also evade the future law for reporting.
He also couldn't try and say it's not charity because if he says otherwise it literally is a legal issue and would get him booted from PayPal for fraudulent usage.
So he either says he is basically wanting charity from 'Friends' or he sticks with 'Goods and Services' which means PayPal will report that to the IRS....
He also couldn't try and say it's not charity because if he says otherwise it literally is a legal issue and would get him booted from PayPal for fraudulent usage.
So he either says he is basically wanting charity from 'Friends' or he sticks with 'Goods and Services' which means PayPal will report that to the IRS....
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