[Healeys] Fwd: New IRS requirement – take action now

Sat Dec 18 07:06:06 MST 2021

Which has nothing to do with Austin Healeys.

John
Hightown, VA

On 12/18/2021 6:53 AM, rfbegani at gmail.com wrote:
> New IRS requirement – take action now
>
> For your information it applies to Banks, other financial 
> institutions: https://tinyurl.com/2p8zhkup
>
> Gives IRS the opportunity to find out how much money is earned off books.
>
> Bob Begani
>
> *:* Healeys healeys-bounces at autox.team.net *On Behalf Of *David Por
> *Sent:* Friday, December 17, 2021 11:21 PM
> *To:* healeys at autox.team.net
> *Subject:* [Healeys] Fwd: New IRS requirement – take action now
>
> PayPal users.  This is what we will face... you decide.
>
>
>
> -------- Original Message --------
> *Subject:* New IRS requirement – take action now
> *From:* service at paypal.com
> *Sent:* Friday, December 17, 2021, 12:55 PM
> *To:* David Porter <frogeye at porterscustom.com>
> *CC:*
>
> David Porter, confirm your taxpayer status to avoid disruption to your 
> account.
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> Hello, David Porter
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> Confirm your taxpayer status to meet a new IRS requirement
>
> The IRS will soon require anyone receiving $600 in payments for goods 
> and services to confirm their taxpayer status. As someone who's 
> received payments through PayPal, you'll need to confirm your taxpayer 
> status by providing your Tax ID Number to meet the requirement and 
> avoid any disruption to your account.
>
> Confirm Taxpayer Status 
> <http://www.paypal.com/policy/compliance/IRS_1099_K/policyId/0w_FTZtquULLq2Ts6Fpy6cu7suTaOC8dHrF-Zr7kUwUR2cBHp0l2b4-cU0cbdm9z2KVNpMBijusSD7wrdSCNeA?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false>
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> *3 steps to add your Tax ID Number*
>
> To meet the new IRS requirement, follow these steps for each of your 
> PayPal accounts.
>
>  1. *Log in*through the Confirm Taxpayer Status button
>  2. *Choose*your taxpayer status from the dropdown menu
>  3. *Enter*your U.S. Tax ID Number, your name and your business type
>     if it applies.
>
> Then, if needed based on the amounts you've received, we will use the 
> information you've provided to send you a Form-1099-K in January and 
> share this information with the IRS.
>
> If you've already entered your Tax ID Number, you may have received 
> this email because your information doesn't match IRS records. Log in 
> <https://www.paypal.com/us/signin?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false> 
> to confirm that it's correct.
>
> /*Sole proprietors and single-member LLCs:*// When confirming your 
> taxpayer status, enter your individual name as it appears on line 1 of 
> your 1040, 1040A, or 1040EZ. If you'd rather provide your Employer 
> Identification Number, submit your Form W-9 
> <https://www.irs.gov/pub/irs-pdf/fw9.pdf?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false> 
> together with proof of filing of Form 8832 
> <https://www.irs.gov/pub/irs-pdf/f8832.pdf?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false> 
> to taxdocumentupload at paypal.com to ensure that what we provide on your 
> 1099-K matches IRS records.///
>
> See details about this requirement in our Help Center 
> <https://www.paypal.com/us/smarthelp/topic/MY_ACCOUNT_PER?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false>.
>
> Confirm Taxpayer Status 
> <http://www.paypal.com/policy/compliance/IRS_1099_K/policyId/0w_FTZtquULLq2Ts6Fpy6cu7suTaOC8dHrF-Zr7kUwUR2cBHp0l2b4-cU0cbdm9z2KVNpMBijusSD7wrdSCNeA?utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false>
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> linkedin 
> <http://www.linkedin.com/company/1482?trk=tyah&utm_source=unp&utm_medium=email&utm_campaign=PPC002972&utm_unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&ppid=PPC002972&cnac=US&rsta=en_US&cust=G9TREUHR4ZT9Q&unptid=3f010824-5f73-11ec-ac09-3cfdfef06c09&calc=f5375659db32e&unp_tpcid=IRS_Proactive_Day0&page=main:email:PPC002972:::&pgrp=main:email&e=cl&mchn=em&s=ci&mail=sys&xt=104038&unp_adv=false>
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