The part of PP that stinks is that starting this year they are going to send you a 1099 and you'll pay taxes on your "sales". There is more to it but that's what the IRS plans to do.
This is nothing new, PP has been doing this since 2012. At first it was only people who had 10k or more in sales. Then I think it went to $600 and I guess they are going to do it for all accounts now.
I have an online business and only accept paypal. They were required to 1099 in 2012.
