Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,403
25%  
Woo hoo!! And we're now over 25%!! Thank you all very much!! God bless.

Keyword: golddealers

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  • U.S. Government Reporting Requirements For Coin And Bullion Dealers

    02/28/2014 8:42:57 AM PST · by aMorePerfectUnion · 6 replies
    PT Shamrock's March 2014 Newsletter ^ | March 2012 | PT Shamrock
    U.S. Government Reporting Requirements For Coin And Bullion Dealers There is much confusion and disinformation about the extent to which coin dealers are required to obtain customer information to keep on file and use in submitting reports to the Internal Revenue Service (IRS) or other government agencies. In some cases the confusion may be used to steer customers away from lower-margin bullion sales and towards the higher-margin coin sales, even though such items may be less suitable for the customer's purposes. I'll attempt to summarize some of the reporting topics herein, but for more helpful information, you can visit the...