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Updated for Current Tax Laws and Forms
Are you an Etsy shop owner, product seller, or owner of a handmade business? When you began creating your handmade products, you may not have considered the tax rules associated with product selling. Now it's tax time, and you have no idea what to do! Enter the Etsy Seller's Simple Guide to Taxes. Don't let tax concerns take away from the fun of making and crafting. With this easy to read guide, you can quickly understand small business taxes to save you time and money! After reading this book you will know: -If your handmade business or Etsy shop is a hobby or a business -What business structure to choose -How to register your business with your state and the IRS -Easy tax deductions you can take as a product seller -What tax form to file as a product seller -Easy tax deductions you can take on your tax return -How to take an inventory and calculate your cost of goods sold -What income to record as revenue
-How to do your Etsy shop bookkeeping -If you need to pay self-employment tax -And much more! This book is for you if: -You are a product seller who needs to understand taxes for small businesses -You have a handmade business -You are a product seller of any kind -You have an Etsy business and want to understand Etsy seller taxes -You want to understand home-based business taxes -You sell products online on Etsy, Shopify, Amazon, eBay, or anywhere! Running an Etsy shop, creating handmade products, or selling other products should be fun! Don't let taxes make you worried. Quickly understand all you need to know about taxes as a product seller so you can spend your time focusing on what you love most . . . . crafting and selling! Why trust my advice? I'm an accountant and an Etsy Seller! Been there, done that!
Are you an Etsy shop owner, product seller, or owner of a handmade business? When you began creating your handmade products, you may not have considered the tax rules associated with product selling. Now it's tax time, and you have no idea what to do! Enter the Etsy Seller's Simple Guide to Taxes. Don't let tax concerns take away from the fun of making and crafting. With this easy to read guide, you can quickly understand small business taxes to save you time and money! After reading this book you will know: -If your handmade business or Etsy shop is a hobby or a business -What business structure to choose -How to register your business with your state and the IRS -Easy tax deductions you can take as a product seller -What tax form to file as a product seller -Easy tax deductions you can take on your tax return -How to take an inventory and calculate your cost of goods sold -What income to record as revenue
-How to do your Etsy shop bookkeeping -If you need to pay self-employment tax -And much more! This book is for you if: -You are a product seller who needs to understand taxes for small businesses -You have a handmade business -You are a product seller of any kind -You have an Etsy business and want to understand Etsy seller taxes -You want to understand home-based business taxes -You sell products online on Etsy, Shopify, Amazon, eBay, or anywhere! Running an Etsy shop, creating handmade products, or selling other products should be fun! Don't let taxes make you worried. Quickly understand all you need to know about taxes as a product seller so you can spend your time focusing on what you love most . . . . crafting and selling! Why trust my advice? I'm an accountant and an Etsy Seller! Been there, done that!
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