Hi, This class sounded very interseting but to be honest as I live in the UK I cannot give any proper comments on it – sorry.
But what I can say is guys listen to Cliff, for what I have heard and read he is one switched on top USA lawyer.
Cliff’s podcast on tax advice is one to file away and come back to as a valuable reference. He provides practical advice for Ebayers on the differences between hobby sellers and professional sellers in the eyes of the IRS.
Valuable information which brings up a question, I am new at this and understand lower priced items don’t bring in the profit on eBay. But can it make sense to sell a $12.00 product I manufacture that can be continually re-listed? Is anybody doing this with success? Is eBay the right market place? Any thoughts or advice?
Great stuff! I caught a couple of Cliff’s classes at eBay Live! and read his book on the way home. But it is always nice to get a refresher, since there is so much information to pick up about this important topic.
Longhorn Tri Sports
Very valuable information and great list of resources for our tax needs! Thanks so much!
Cliff Ennico blows away the mic on this fabulous podcast! Wondering how to attack the dreaded tax and legal issues of your online business? All you have to do is listen to this podcast! Relevant, pertinent information that will engage you to really look at your “ebayness” and beyond! Are you selling as a hobby or are you selling like a business? If you are already a dedicated online business, what are the basics of reporting your business if you have profits or losses or both? Find your answers here in this podcast. Do note though, this class cuts off near the last 10 minutes of the show, but no biggie!
Very Truly Yours,
Great info for a beginner and LOVED finding the wonderful resource Cliff has on his site to help determine what Type of business entity to choose.
thanks again Janelle – another Winner!