Tax Loopholes for eBay Sellers

Tax Loopholes for eBay Sellers
Author: Diane Kennedy
Publisher: McGraw Hill Professional
Total Pages: 314
Release: 2006-03-02
Genre: Computers
ISBN: 0072264020

Hundreds of Legal Deductions for eBay Sellers! If you’re an online seller, take note: now you can reduce--or even eliminate--the taxes you pay using the insider tips in Tax Loopholes for eBay Sellers. You’ll discover hundreds of little-known, completely legal tax deductions and reporting tips that are unique to eBay and designed to benefit small business owners. Learn what the IRS is looking for when sorting out a real business from a hobby and why it matters. You’ll get step-by-step advice on everything from setting up your business and getting a business license to creating a bookkeeping system. Use the power of eBay and the tax strategies in this book to increase your wealth, protect your assets--and lower your tax bill. How much can you fit into your eBay tax loophole? Learn what the best tax-advantaged business structures are for your type of eBay business Get the free “The 9 Steps to Business Test” to see if your business measures up against IRS guidelines Identify and take advantage of hundreds of legal deductions for eBay business owners Determine how often you will prepare a sales and use tax report based on volume Set up a payroll system with the proper withholding deductions for all employees including yourself Create an accounting system to pay bills, input transactions, record sales, keep track of PayPal fees, and balance your business checkbook

The EBay Seller's Tax and Legal Answer Book

The EBay Seller's Tax and Legal Answer Book
Author: Clifford R. Ennico
Publisher: AMACOM/American Management Association
Total Pages: 362
Release: 2007
Genre: Business & Economics
ISBN: 9780814400593

Even if you think of your eBay selling as a hobby rather than a business, the fact is that if you're making money, you are in business, and therefore subject to the same taxes and regulations as other real world retail businesses. Simply written and packed with stories of actual eBay sellers, The eBay Seller's Tax and Legal Answer Book takes you through the most common eBay transactions, pointing out all the legal and tax issues you're likely to encounter. Complete with sample contracts, forms, checklists, and disclaimers, this is a book no eBay seller should be without.

EBay Strategies

EBay Strategies
Author: Scot Wingo
Publisher: Prentice Hall
Total Pages: 0
Release: 2005
Genre: Auctions
ISBN: 9780321256164

"Scot Wingo istheeBay strategist. His depth of insight is unparalleled in the industry. eBay" Strategiesis essential for those who make their living online." --Scott Samuel, Founder, Honesty.com Founder/CEO, Ethical Technologies, L.L.C. " eBay" Strategiesis a must-read for anyone serious about growing their eBay business. I know because the strategies discussed in this book have helped us become one of the fastest growing businesses on eBay." --Randy Smythe, President/Owner, Glacier Bay DVD (glacierbaydvd) "The advice provided in eBay" Strategieswill help any business achieve a fast start-up on eBay. We have used Scot Wingo's strategies to grow our business to a huge volume. His advice is top-notch." --Suzanne Hallam (pugster888), Fastest growing eBay seller in Q2 2004 "I have met hundreds of eBay scholars over the years, but very few are on a par with Scot Wingo. Scot combines an intimate knowledge of eBay and its workings with a healthy level of skepticism and clear thinking. I found his book to be both entertaining and informative." --Jay Senese, Cofounder, JayAndMari "Scot Wingo's new book is a must-read for sellers attempting to boost their eBay business to the top level!" --Bill Bogardus (biggbill), Top eBay PowerSeller "The insight, clear explanations, and selling methods in eBay" Strategiesare going to create hundreds, if not thousands, of new Platinum PowerSellers!" --Mike Enos, Editor, PlatinumPowerSeller.comnewsletter The savvy business book for established eBay sellers who want to break through to the next profit tier! Scot Wingo, a leading authority in the online auction industry, has captured best practices from 3,000 of eBay's most successful businesses and crystallized them into 10 proven strategies for taking your eBay business to the next level. Whether you are just getting started selling on eBay or have been at it for years, the proven methods presented in eBay" Strategieswill take you beyond the basics, helping you maximize your business while avoiding common mistakes that cost you time and money. If you're dreaming of greater successon eBay, get ready to turn dreams into reality! Drive to $1 million and beyond--learn how to break through the "eBay plateau." Discover winning strategies created specificallyfor eBay. Learn to use the "Five P's"--Product, Price, Promotion, Placement, and Performance--to think strategically about your eBay business. Participate in the eBay" Strategiescompanion blog and eBay discussion group. Stop making the killer mistakes that keep you small. Beat your toughest competitors, whoeverthey are. Control costs: fees, shipping, deadbeat customers, and more. Sell MORE with less effort.

Loopholes of the Rich

Loopholes of the Rich
Author: Diane Kennedy
Publisher: John Wiley & Sons
Total Pages: 342
Release: 2010-12-28
Genre: Business & Economics
ISBN: 1118040392

Loopholes of the Rich helps Americans from all walks of life use the same tax loopholes that the wealthy use to lower their tax bill. With this handy guide, you won?t need an accountant to find quick and easy ways to pay less. And there?s nothing unethical about these tax loopholes. In fact, the government wants you to take advantage of them! These tax-reducing tactics and strategies can give you the freedom to save for your family?s future or for your own financial independence. Plus, you?ll find a handy checklist of more than 300 business deductions, real-life tax strategy examples, useful sample forms, explanations of IRS codes and rules, and much more.

The Complete Idiot's Guide to EBay

The Complete Idiot's Guide to EBay
Author: Lissa McGrath
Publisher: Penguin
Total Pages: 543
Release: 2007
Genre: Business & Economics
ISBN: 1592576761

A guide to the online auction site provides a close-up look at the latest features of eBay, as well as practical tips on how to set up an account; how to buy, sell, and bid; how protect one's transactions; and how to find the best deals.

Tax Savvy for Small Business

Tax Savvy for Small Business
Author: Frederick W. Daily
Publisher: NOLO
Total Pages: 396
Release: 2001
Genre: Business & Economics
ISBN: 9780873377188

Despite popular opinion, it is possible to run a profitable, honest business while minimizing taxes and staying out of legal trouble. Tax Savvy for Small Business helps readers do just that, detailing year-round tax-saving strategies for: -- claiming all legitimate deductions -- maximizing fringe benefits -- keeping accurate records -- documenting expenses -- surviving an audit The 5th edition provides the most current IRS rules, the latest tax codes and a new chapter of "Frequently Asked Questions."

EBay Millionaire Or Bust

EBay Millionaire Or Bust
Author: Corey Kossack
Publisher: Vivisphere Publishing
Total Pages: 205
Release: 2007-01
Genre: Business & Economics
ISBN: 9781587768521

Teaches readers how to make money on eBay.

eBay Bookkeeping Made Easy

eBay Bookkeeping Made Easy
Author: Nick Vulich
Publisher: Lulu.com
Total Pages: 79
Release: 2014-07-30
Genre: Business & Economics
ISBN: 1312397799

I've been selling online for fifteen years now. During that time I've learned a lot about bookkeeping, business permits, and taxes. During that same time I have saved thousands of dollars in taxes by saving my receipts and keeping good records. And, so here's the deal... > Did you know eBay has an app that can automatically import all of your sales, fees, and other information and crunch the numbers to show whether you're making a profit or loss? > Did you know that same app will also import all of your information from Etsy and Amazon, if you sell on those platforms? > What would you say if I told you that you could save $500 or more on your taxes every year just by writing down the mileage when you head to the post office, store, or bank? > And, you'd probably think I'd lost my marbles if I told you that you could deduct parts of your next vacation from your taxes. The advice in this little book can easily save you thousands of dollars every year.

The Complete Idiot's Guide to Starting an Ebay Business, 2nd Edition

The Complete Idiot's Guide to Starting an Ebay Business, 2nd Edition
Author: Barbara Weltman
Publisher: Penguin
Total Pages: 353
Release: 2008-02-05
Genre: Business & Economics
ISBN: 143621243X

The buck starts here! eBay® is the Internet's premier auction site and everyone's favorite place to shop. It's also the place to start a business and make money from the comfort of one's home. Completely revised, this new edition will help readers create the eBay® business they dream of. There is also new and updated information on: - The basics of eBay®, the auction process, and the essentials of getting the business down on paper-including recordkeeping, accounting, taxes, insurance, legal issues, and other essential details - Determining what to sell, how to price it, and working with services such as PayPal® - The ins and outs of the biggest growing areas of eBay business-sourcing, wholesaling, and fixed price sales - Cutting through the competition, improving profit margins, changing strategies, improved advertising and promotions, and more