(by 96 people)
Your rating:
Hey eBay sellers! Now that you're making a profit on eBay, you're probably wondering...
1. Do I have to report my eBay income?
2. What expenses can I deduct?
3. How can I minimize the taxes I pay on my eBay income?
If you want to learn how to minimize your taxes and keep more of your eBay profits, this is the place to be!
As a CPA and an eBay seller, I specialize in offering tax planning and advice to eBay sellers and other online business owners.
For even more tips, tools and articles on eBay and taxes, please visit my eBiz Tax Tips blog.
For free tax planning tips and strategies, please sign up for my free special report, 5 Tax Saving Tips for eBiz Owners.
Announcing the free 'Tax Tips for eBay Sellers' special report! This eBay business tax guide will show you:
Q: I started selling items from around my home that I don't want anymore on eBay. I am selling BELOW what I paid for these items. I'm not trying to make a profit, I'm just trying to get rid of items no longer wanted. Is this considered a business? Do I have to report my eBay sales to the IRS?
Q. How do I go about filing income tax for eBay sales?
Did you know that you could hire your children to work in your business? And that you could save taxes by doing so?
Would you like to reduce the taxes you pay on your small business income?
I spoke about tax tips for small business owners at a seminar this past weekend, and one of the questions I got was 'what are the top missed business deductions?'
The IRS recently released guidance on how to report miscellaneous income. The following fact sheet will help you understand miscellaneous income better and how to report it...
Amazon Price: $16.47 (as of 05/16/2008)
There are three types of tax that you could be responsible for when you start your eBay business. They are 1) sales and use tax, 2) payroll tax and 3) income tax.
Amazon Price: $16.95 (as of 05/16/2008)
Many eBay sellers ask me, "what expenses can I deduct against my eBay income?"
I've written several articles on what I call the "ecommerce tax" lately. But the ecommerce tax is just one tax issue floating around that could affect eBay sellers and online business owners.
Amazon Price: $24.04 (as of 05/16/2008)
Amazon Price: $27.29 (as of 05/16/2008)
With gas prices so high, it's important that you keep track of every mile you drive for your business, so that you get the most out of the automobile deduction on your tax return.
Fetching RSS feed... please stand by
As an eBay seller and a CPA, I get a lot of questions about eBay and taxes. Questions include: am I required to report my eBay income, do I need a tax ID number, how to make estimated tax payments, and many more...
|
Brassoo78
Marvelous lens. Useful tips. Thanks. Please visit the site 1031 Exchange Form on 1031 Exchange Form to find details about 1031 Exchange Form. Posted May 11, 2008 |
|
Wilson_C
Oh wow, this is a very detailed lens. Useful for anyone at eBay. 5 stars! WAer Posted May 10, 2008 |
|
littlespark
Wow! What a great lens you have built here. A complete analysis to minimize the ebay tax. Great work and keep up. It is pertinent to put here that Point of sale software helps in the transaction of the goods, to automate the transaction process and in determining the profits of the company. I come across that informative site about POS on POS Please stop by this site for information about Point Of Sale Accounting Software, Retail Point Of Sale Software, Point Of Sale Pos Software and more and more POS. Posted May 08, 2008 |
|
Profit-Machine
Why they take taxes web hosting needs Posted May 03, 2008 |
|
Metatron
Greetings from WA. This is from one who happens to find the tax word much more distasteful than the "F" word. It is wonderful to have someone like you to help us deal with it (tax I mean). Posted May 03, 2008 |
| zuzanna
Kristine, thanks for this wonderful lens with lots of useful info presented so nicely. One of the best business lenses, well deserving 5 stars. One of my favorites! It's great to have you in my Group; I'm waiting for more lenses from you with great content like this one. Posted May 01, 2008 |
|
kellywissink
Hi Kristine! Posted April 28, 2008 |
|
samanthablack01
My bestfriend who runs an eBay store keeps everything automated and organized so she has no problems with taxes and accounting. According to her, management software such as point of sale software and automation really help avoid errors and keep her business files orderly. Check out the link if you want to learn more about sales software. Thanks! Posted April 25, 2008 |
|
PotPieGirl
What a valuable lens! Posted April 25, 2008 |
|
Willirober
Good lens to get collective infromations of ebay tax. Tax is the important part to play in the business. Energy Audit Software will bring the customer who buys it only the very best when it comes to energy audits that are nothing but cost effective in detail. Posted April 24, 2008 |
The IRS will start mailing out the 2007 income tax rebate checks in May 2008 to taxpayers who have filed their 2007 tax returns by April 15. This lens is a complete guide to answer all of your questions about the tax rebate, such as: * Who qualifie...
Living Debt Free
This is the place to be for tips on debt management, credit cards, credit scores, budgeting and more. My name is Kristine McKinley. I am a CPA and Certified Financial Planner, and the founder of Beacon Financial Advisors, a fee-o...
If you are self employed or an independent contractor, then instead of a W-2, you will receive a Form 1099 MISC for services that you perform. 1099s are much more complicated beasts than W-2s, so this lens is dedicated to answering the following que...
Fetching RSS feed... please stand by