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Tax Loopholes for eBay Sellers

Domain Name Com's - : Tax Loopholes for eBay Sellers


  


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Binding: Paperback
Dewey Decimal Number: 658.87
EAN: 9780072262421
ISBN: 0072262427
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 352
Publication Date: November 01, 2005
Publisher: McGraw-Hill
Sales Rank: 55081
Studio: McGraw-Hill




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Product Description:


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






Customer Reviews
Average Rating:  out of 5 stars

Rating: 4 out of 5 stars - Excellent book! Great info and an inspiration to sell on ebay
This book was an inspiration for me to start my ebay business!! Great info and insight into the tax situation.



Rating: 5 out of 5 stars - Of All The Books I've Read on EBay...
I've read nearly every book there is pertaining to online selling, marketing, taxes, blogging, search engines, etc. and this book is the best one above all.

If you are selling online, and you are not claiming the deductions that you are legally entitled to, either because you don't know they exist or because you don't want to claim your income, you obviously have no idea what you are missing out on! (I know, I know - you shouldn't end a sentence with a preposition) You are FAR better ... Read More



Rating: 5 out of 5 stars - Keep tax man happy
Everyone needs to read this book that is operating an eBay business large or small.



Rating: 5 out of 5 stars - An Amazing Book!!!
This book is THE book to get if you have any questions about setting up an eBay business. It doesn't matter if you're doing your business full-time, part-time, or just every now and then - this book is chock full of great ideas on how to set it up. The section on setting up your financial books is worth the price alone! Tax loopholes are made for business owners and you are only cheating yourself by not taking advantage of them. Stop reading this review and order the book NOW!



Rating: 1 out of 5 stars - Not Much Help
This book is intended primarily for incorporated Ebay sellers or Ebay sellers who plan to incorporate. It is of limited value for small businesses that are privately owned and filing a Schedule C tax form. I do not recommend it.



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