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Does Amazon Report Gift Cards To Irs? [Solved]

So the short answer would be that any gift card that serves as a cash equivalent – for example, a $25 Amazon.com gift card or a Visa cash card – would always be taxable regardless of the amount because there is no difficulty in accounting for the monetary value of the gift.17 Nov 2015

Why Do Scammers Want Gift Cards?

Cash is so much easier,

New Scam Uses IRS, I-Tunes Gift Cards

A new scam is circulating in which scammers call people and claim they owe back taxes. They then tell individuals to purchase …

Amazon FBA 2022 SALES TAX Collection Explained in 5 Minutes

New legislation in 2020 has changed how taxes