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#11
05-24-2022, 02:16 PM
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Then don't be a business on eBay. eBay is no longer meant for scofflaws who want to hide taxable income or for dealers who want to pretend that they are hobbyists or investors rather than dealers.
Personally, I love selling on eBay because they determine, collect and remit the damned sales taxes for me. No muss, no fuss. Makes reporting my sales taxes each quarter a snap. As for taxation, without getting into the specifics, filing as a business gives you a lot of flexibility in terms of timing, realizing and offsetting losses and claiming expenses.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-24-2022 at 02:21 PM. 
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