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Archive for November, 2010

Woman helped others for Thanksgiving with the help of Craigslist

During Thanksgiving, we all feel so blessed and happy that we just can’t help but be thankful and be more giving to people who doesn’t have much in their lives. One woman, Rozilyn Collins, used craigslist to help others during this great and lovely evening of celebration. She prepared thanksgiving dinner for 60 people who saw her ad on Craigslist.

She initially planned on helping only 10 individuals but her Craigslist ad received about 60 responses saying they needed her free dinner. She cooked the meals and had them packed. Family and even strangers in the neighborhood also helped her out and even gave out donations to giveaway as well. She received food donations and even shoes and clothes from other Craigslist users.

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Couple Offers Free Thanksgiving Meal On Craigslist

Tracy Cochran and husband, Joe Cochran has been opening the doors to their home every Thanksgiving Day for six years now for anyone who would want to have free thanksgiving dinner. The Cochran couple from Derry, N.H. posts their heartfelt offer on the website Craigslist each year. Tracy Cochran cooks and serves home cooked meals in their kitchen for at least 20 families, while husband Joe, delivers the home cooked meals. A lot though come directly to their house and eat with them.

However, this year Tracy has been laid off from work, and the Cochran couple is clueless on how would they continue their kind gesture and holiday tradition this upcoming Thanksgiving Day.

I want to be able to help everyone I helped before. When you have 50 emails coming in asking for help and you can only help out three, it’s kind of sad, because I would like to help out everybody,” Tracy Cochran almost tearfully said.

Regardless of the current unemployment of Tracy and the economic hardship the couple undergone this year, the Cochrans said they will still go on with their Thanksgiving tradition and will open their home for free dinner this year, even though the deliveries will have to be cut down. For the Cochrans, the best way to celebrate Thanksgiving is to help other families in dire need of a free Thanksgiving dinner.

The free meals may have to be limited but as long as the tradition at the Cochran’s household continues, there’s still a lot to be thankful about come Thanksgiving Day.

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IRS Taxing Some Craigslist, EBay Online Sellers

Big time sellers on online selling websites such as Craigslist and Ebay may be unknowingly putting themselves right in the crosshairs of the Internal Revenue Service or the IRS. One woman found out about this recently when the IRS claimed that she neglected to report a total of $41,000 earnings she received from auctioning items at online selling sites Craigslist and Ebay. The IRS now said, she owed a total of $15,000 in unpaid taxes. After a short hearing, a court backed up the findings of the IRS since the woman did really earn the money.

The IRS has implemented a procedure brought on by a new law, for those individuals earning more than $20,000 worth of items sold at Craigslist, Ebay and other online auctioning website and generate more than 200 electronic transactions should get an IRS form that they must fill up completely since this business transactions is considered taxable income.

This new law applies not only to online selling and auction websites, but garage sales and any classified ads that will produce a monetary earning to any person. The IRS has posted an article explaining all these new provisions and guidelines that will help people determine what constitutes a hobby or a business and which could be the definitive point in paying taxes or not.

Next time you auction items at Craigslist and other online auction websites, be in the know if you are covered by this new IRS provision so you could easily pay the right taxes and avoid the IRS taxmen to run after you in the future.

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