Full description not available
W**7
Most Everything You Need to Know About the Other Side of the eCommerce Coin
Still a viable and up-to-date reference guide on how to do the other side of the eCommerce world, the bookkeeping and tax obligations. If you know how to sell on Ebay or Amazon, but want to become tax compliant, this is a book for you. All the things you may wonder like, "Is this an expense, can I deduct it?" "What is COGS, how to figure it?" "Do I have to pay quarterly taxes?" "How do I set up inventory?" "Can I work from home?" "How do I keep track of garage sale and estate sale purchases?" "What does the IRS expect?" "What triggers an audit?" "What if I am a small seller?" "What if I inherited my items" and many others are answered in this straight forward book. Another recommended book is Cliff Ennico's "The Ebay Seller's Tax and Legal Answer Book" This book is also a must have for when you are about to officially file your business and need a book to reference as you take the actual steps.
S**N
great overview if you just starting
not as indent as I was hopping but it does give great overview on ecommerce tax principles, easy to follow and well organized book
K**K
useful
useful book
S**A
Great Read!!
This book is well worth the money. It was very detailed and have several step by step guides to set up my bookkeeping. Excellent book!
L**E
A very solid book for small businesses that are looking ...
A very solid book for small businesses that are looking to sell online.
J**M
Five Stars
Good information!
C**)
Become an e-Seller the Right Way!
With the economy continuing to get worse every week, more and more people are finding a second income by becoming an online seller on popular sites like Amazon, eBay and Etsy. Even television is getting into making money by selling used items such as Pawn Stars, American Pickers, and Storage Wars. Of course Amazon and eBay have been available to the public for many years before these shows existed. Some people may find it as a hobby selling collectables, antiques, old books, used items, or handmade crafts online, while others are making a small if not large income from having an online store.Just as bloggers now have to have a disclaimer on what review copies they receive, the government is now cracking down on e-Sellers. When the Housing and Economic Recovery Act of 2008 went into effect in 2011, e-Sellers now have to turn in your newfound income to the IRS, especially if you are bringing in at least $20,000 from your e-Selling.The Atlantic Publishing Group has released a new book by Martha Maeda titled The Complete Tax Guide to E-commerce Retailers that touches on this very subject.I didn't realize that starting an online shop wasn't exactly that easy, especially when it is more than just a hobby. You have get a state license, create a name for your shop, get a logo, open a separate bank account, get a Federal Tax ID Number, and get a post box. And that's just getting you started. You have to keep records on literally everything related to your business. This book explains in Laymen terms on how to get all the right paper work for your business, and what the correct tax forms you should use. There's a bonus CD-ROM contains all the IRS tax forms that are within the book and a few sample business plans to get you started.If you are interested in becoming an online seller or if you already are one, I recommend that you read The Complete Tax Guide to E-commerce Retailers.*Disclaimer: I received a free review copy from the Atlantic Publishing Group.
Trustpilot
5 days ago
3 weeks ago