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VIDEO: New IRS Reporting to Hurt Side Businesses

VIDEO: New IRS Reporting to Hurt Side Businesses

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You may have heard about the new way that the IRS will be monitoring income from “side hustles” and such.  Another example of government continuing to grow larger and larger and get involved in every aspect of your life. This will affect me as well as I sell things on this website and will have to look at the financial implications of this new reporting. The bottom line for me is there are millions of people out there with side businesses trying to get something going – and it will become more expensive to do so as well as provide a disincentive for people to even attempt to go into business for themselves.

I’d like nothing better than to take all my money out of the bank and do nothing but cash transactions. Unfortunately – at least for me – that is not realistic. As someone in the market to purchase land and potentially retreat property, bank financing will likely be required.

Watch the video and comment with your thoughts below.

Thx

Rourke

How to Get Started in Preparedness - Guide to Prepare for the First 72 Hours and Beyond | Prepper | Survival | Emergency Binder | Printable
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How to Get Started in Preparedness - Guide to Prepare for the First 72 Hours and Beyond | Prepper | Survival | Emergency Binder | Printable

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🎯 How to Get Started in Preparedness - Guide to Prepare for the First 72 Hours and Beyond 🎯
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*****Important Note: We won't be sending anything physical to you. You'll need to download, print, and put things together yourself. The quality of your print might change based on the paper you use, the ink, and how you set up your printer. For the best results, think about printing PDFs at a copy shop or getting photo prints of JPEG images. If you're printing at home, using good quality paper and selecting the best print setting on your printer will give you the nicest outcome.
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2 Comments

  1. Normal Chuck January 7, 2022 Reply

    Disturbing news but not surprising at all. Socialist’s are good at spending
    other peoples money.

  2. goinggray58 January 7, 2022 Reply

    couple thoughts
    One .. being off grid altogether AFTER you had an electronic footprint is “fishy” unless ur dead.
    Two .. Until they take an active role in all the money leaving the US South and East (mid east) .. Zello, Western Union, dwali… etc I don’t care what they want and probably not then.
    Three .. Side hustles should be cash if it is a side hustle.. Or it’s a second Job.
    Four .. Barter is fine unless you can’t carry or transport/store whatever it is.
    Five … I am sick to death of being bled dry and will stem the flow in whatever method I deem necessary…Legal is not always moral or fair.. there is only so much of that red stuff in me (as a metaphor) before I am dead and that is not in my best interests

    GG58

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