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State taxes on Online stores???? Expand / Collapse
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Posted 4/29/2008 3:08:16 PM
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Last Login: 5/3/2008 3:07:31 PM
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hello do you have to pay the IRS money for what sells on your store? Or haveing a Online store???



Post #8777
Posted 4/29/2008 3:13:16 PM


BISI Guru

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Are you wanting a business or a hobby?

IE, is your intention of selling online to make money or just to get rid of excess stuff from your hobby to continue to support your hobby.

Honestly, you need to talk to a tax professional. I am not one. They can tell you what you need to be doing and what records to keep and how you can keep them to be IRS "legal".

~~~~~~~~~~~~~~~~~~~~~~~~
Jennifer


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Post #8779
Posted 4/29/2008 3:33:04 PM
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Its an hobby..
Post #8780
Posted 4/29/2008 3:41:02 PM


BISI Admin

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Last Login: Today @ 9:24:11 AM
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I'm no tax expert either, but if your hobby makes income, uncle same wants to know about it. As previously suggested, consult a professional.

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Tomas
Post #8781
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