Before I started selling on eBay, I had always done my own taxes. Even as life got more complicated and I added a mortgage or two to the mix, tax preparation seemed well within my scope of abilities. But once I started my eBay business, I knew I needed to hire a professional. Initially I [...]
morePosted by: Linda Sanchez, February 15, 2010
Comments: 2
Right now most veteran eBay sellers are still reeling from the recent announcement of changes to eBay that are coming this Spring and figuring out how these changes will affect our sales in 2010. Meanwhile, we have to reel it in and start thinking about reporting our 2009 sales to the IRS.
For some eBay sellers, [...]
Posted by: Linda Sanchez, February 4, 2010
We're keeping a close eye on legislation related to Sales Tax and how it affects online merchants. Not long ago, Wray covered briefly what is popularly called the "Amazon Tax," for the impact sales and state tax legislation will have on Amazon's behemoth online business and the affiliates who earn some money because of their [...]
morePosted by: Paul O'Brien, December 1, 2009
eBay sellers struggle with hefty amounts of paperwork, shoeboxes of receipts, and incomplete records, making tax time a burden too great for everyone. Yet, while a burden, bookkeeping is a critical part of running a store; done well, actually saves you money and helps uncover opportunities to grow your business. With those two [...]
morePosted by: Paul O'Brien, November 12, 2009
Today, Outright.com expands the set of businesses from which we automate your bookkeeping to include eBay. In addition to PayPal transaction and credit card expense downloads, invoice and receipt import, eBay sellers can put their bookkeeping on auto pilot with the click of a button; completing months of bookkeeping in minutes.
Outright is already a part [...]
Posted by: Paul O'Brien, October 28, 2009
In an effort to find new tax revenues several states have tried to expand the application of state sales tax to many out of state businesses. New York and Rhode Island are the only states that have successfully passed what the New York Post has dubbed the "Amazon Tax". To understand the Amazon [...]
morePosted by: Wray Rives, July 29, 2009
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