If you are like me and have Guns, Germs, and Steel: The Fates of Human Societies
on your "must read someday" list then this video should save you a lot of time. Here is Diamond summarizing the main points of his paradigm shifting book. Enjoy.
Online sellers who purchased shipping materials from a single supplier that exceeded the $600 annual threshold, for instance, could have been required to file a 1099 form with the vendor.It might be hard for non-book sellers to believe, but yes, in 2010 I'm pretty sure I spent that much on bubble envelopes alone. Now that I'm doing Fulfillment by Amazon, the cost of shipping supplies will go down this year, but then again, this is only April.
This Auctionbites article does a good job of going over the provision in more detail.