What are some possible ways the irs could reconstruct, Financial Accounting

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What are some possible ways the irs could reconstruct

Problem

Mary Sue, owner of The Gadget Store, began selling a wide range of her kitchen gadgets on eBay. Since these on-line transactions are conducted on the internet between her and the bidder, she has decided not to include these sales in her gross income. Is Mary Sue correct? What are some possible ways the IRS could reconstruct her income from her eBay transactions? Also, what is a Form 1099-K? When do taxpayers receive Form 1099-K?

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Financial Accounting: What are some possible ways the irs could reconstruct

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