What is Mercari W-9 Tax Form?

Mercari W9 What is Mercari 1099K? W9? Am I an individual or Business on Mercari?  Do I have to give Mercari my Social Security Number or ITIN?  Going into 2022 everything changed, and while I hate to be critical or political, the changes impacting online sellers going forward are significant enough, that I have to give credit to those who deserve the credit, even if that means being political.   (Please Note: The information provided is in no way intended to act as legal tax advice. You should confirm any information with your state agencies, the IRS website, or a tax consultant.) You may have read in the news or heard in the news, that Joe Biden and the House Majority in Congress under Nancy Pelosi, have proposed giving the IRS the authority to be mandatorily informed by banks and financial institutions notification and details about all transfers and deposits of any money over $600.   Of course rational moderates and conservatives within both the republican and democrat parties rejec

NEWS: PayPal Increases Transaction Fees

NEWS: PayPal Increases Transaction Fees

Updated 2/19/17

In Nov 2016 I Randy Dreammaker predicted #PayPal fee increases. Today Feb 2017 PayPal announced they are increasing fees. The New fee increases take effect March 29, 2017 and affect USA payment processing only. The primary fee increases in this initial roll-out are for Cross-Border sales, making it yet even more expensive for USA eBay and other marketplace sellers to compete internationally. Currently USA sellers, small businesses and online businesses have an unfair trade and export disadvantage due to the horrible US Postal Service agreement which allows China, Hong Kong, Taiwan and several other countries to export into the USA for pennies on the dollar compared to the costs USA sellers pay to ship within the USA.  Anyone using eBay's Global Shipping Program or Bonanza's Global Shipping Program through Pitney Bowes will feel the hurt as their costs begin to increase for all sales to anywhere outside of the USA>. Lots of other changes announced #today also
For more details visit PayPals agreement update:
(Link to 2017 PayPal Agreement Update Noticehttps://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full?locale.x=en )

Watch the original prediction video below this one

Randy Dreammaker and Bob Moneysworth discuss at length, the latest
policy and fee updates at PayPal.  Find out how this will affect your
Global Shipping costs for Ebay, Bonanza and other marketplaces
where you use PayPal Payments to process your sales.

November 2016 Randy Dreammaker predicted PayPal would raise
its sellers payment processing fees and gives several reasons
and explanations for his marketplace prophecy.