Does Escrow.com Report to IRS?

[DosTacoz]

Assuming Flippa doesn't as I don't remember filling out anything with my tax ID... but does anyone know if I sell a site and use Escrow.com if they report the earnings to the IRS?

 

[schockergd]

Don't they use paypal?

 

[Coolof]

How you get paid for your site? IRS will see the money anyway.

 

[bigbrian]

I don't think they directly report the earnings. But then again you "should" be reporting the earnings... Then again, maybe you don't, guess it just depends if you want to take a trip to the pokey if you get caught.

Brian

 

[Rage9]

How you get paid for your site? IRS will see the money anyway.

Right, good luck hiding $20k+. You'll probably get loved by the IRS in the coming years.

 

[papajohn56]

get a fucking accountant people holy shit. escrow services are not required to do tax forms, the party in which you had the escrow exchange with, *is*.

 

[kamired2]

get a fucking accountant people holy shit

bro i never put no tax ID and I asked my buddies on WF, what could possibly go wrong?

 

[bigbrian]

bro i never put no tax ID and I asked my buddies on WF, what could possibly go wrong?

^^ LMAO! Right?!?!

Brian

 

[1yerrot]

I don't know, but I'm reporting my crap. IRS don't play homey...

 

[LymeJosh]

What could possibly go wrong? I never file and I get birthday cards from the IRS.