HOME Popular Books Popular Audioooks Popular Textbooks Popular Freebooks More Genres

Book

Audiobook

Genres

The Complete Tax Guide for E-commerce Retailers including Amazon and eBay Sellers

By Martha Maeda

Release : 2010-11-15

Genre : Business & Personal Finance, Books, Industries & Professions

Kind : ebook

(0 ratings)
Fed up with the numerous violations of tax law by individuals and businesses selling goods on eBay and other Web sites, the IRS is now making online marketplaces responsible for reporting sales information to the IRS. eBay's own statistics suggest that there are 1.3 million people around the world who make their primary or secondary source of income through eBay, with just over 700,000 of those people in the United States. If you are an eBay seller, you may be paying more than you have to in taxes because you have not focused on all that you can deduct. You will learn how to take advantage of the legal tax loopholes available and how to choose the proper, legal business structure. If you run your online selling business in a businesslike manner with intent to profit, you can take deductions for business use of your home and also many other deductions, even though they may produce a loss that reduces the taxes you owe on your day-job income. You will learn the categories of deductions on the Schedule C. This brand new book covers everything you will need to know to balance the books, including assets and liabilities, keeping track of transactions, payroll, sales tax, financial statements, operating accounts, and complete up-to-date tax information. You will learn how to set up a simple, quick, and audit-proof recordkeeping system that works. All this will help you keep money in your pocket and prevent money from going to Uncle Sam.

The Complete Tax Guide for E-commerce Retailers including Amazon and eBay Sellers

By Martha Maeda

Release : 2010-11-15

Genre : Business & Personal Finance, Books, Industries & Professions

Kind : ebook

(0 ratings)
Fed up with the numerous violations of tax law by individuals and businesses selling goods on eBay and other Web sites, the IRS is now making online marketplaces responsible for reporting sales information to the IRS. eBay's own statistics suggest that there are 1.3 million people around the world who make their primary or secondary source of income through eBay, with just over 700,000 of those people in the United States. If you are an eBay seller, you may be paying more than you have to in taxes because you have not focused on all that you can deduct. You will learn how to take advantage of the legal tax loopholes available and how to choose the proper, legal business structure. If you run your online selling business in a businesslike manner with intent to profit, you can take deductions for business use of your home and also many other deductions, even though they may produce a loss that reduces the taxes you owe on your day-job income. You will learn the categories of deductions on the Schedule C. This brand new book covers everything you will need to know to balance the books, including assets and liabilities, keeping track of transactions, payroll, sales tax, financial statements, operating accounts, and complete up-to-date tax information. You will learn how to set up a simple, quick, and audit-proof recordkeeping system that works. All this will help you keep money in your pocket and prevent money from going to Uncle Sam.

advertisement

Access e-books

More By Martha Maeda

The Complete Guide to IRAs & IRA Investing

How to Open & Operate a Financially Successful Independent Record Label

How to Raise Dairy Goats

The Complete Guide to Investing in Bonds and Bond Funds

The Encyclopedia of Small Business Forms and Agreements

The Complete Tax Guide for E-commerce Retailers including Amazon and eBay Sellers

The Complete Guide to Spotting Accounting Fraud & Cover-Ups

How to Solar Power Your Home

The Complete Guide to Currency Trading & Investing

The Complete Guide to Green Building & Remodeling Your Home

The Complete Guide to Preventing Foreclosure on Your Home: Legal Secrets to Beat Foreclosure and Protect Your Home NOW

How to Wipe Out Your Student Loans and Be Debt Free Fast

Book Publishing 101

The Complete Guide to IRAs and IRA Investing

The Complete Guide to Spotting Accounting Fraud & Cover-ups

The Complete Guide to Preventing Foreclosure on Your Home: Legal Secrets to Beat Foreclosure and Protect Your Home NOW

How to Solar Power Your Home

The Encyclopedia of Small Business Forms and Agreements

The Complete Guide to Preventing Foreclosure on Your Home

How to Open & Operate a Financially Successful Personal Financial Planning Business

The Complete Guide to Green Building & Remodeling Your Home

The Complete Guide to Writing & Publishing Your First E-Book

Book Publishing 101

How to Raise Dairy Goats

The Complete Guide to Currency Trading & Investing

The Complete Guide to Investing in Bonds and Bond Funds

How to Wipe Out Your Student Loans and Be Debt Free Fast