The Most Asked TAX QUESTIONS for eBay & Hobby Sellers

RESELLER WEEKLY - CHASING CARDBOARD PODCAST

Today we compile the 7 most commonly asked TAX related questions for Hobbyist, Sports Card Collectors, eBay Sellers, and more. Direct from an outstanding FRANK ( @Baseball Hall of Fame Autographs ):

1:35 How serious is a 1099?

3:11 Do you pay taxes on Revenue or Profit?

4:20 When does your hobby become a business?

8:01 How much flexibility do you get with deductions/expenses?

14:30 Should I be focusing more on COGS or End of Year Inventory?

17:30 Where does eBay Sales Tax fit into the equation?

21:00 Is going CASH ONLY a better route for a Seller / Dealer?

22:47 Where do you actually report your 1099?

Email Frank at: [email protected] -- Mention you found him from Bench Clear!

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