| Road-Kill | 08-02-2011 12:10 PM | Quote:
Originally Posted by Rgivens
(Post 255013)
Will you please post a few of those threads? I'm curious to know what I left out. Also, there are tons of new Amazon sellers who have no clue how to properly set up an account without purchasing the Amazon stealth book. I was merely assisting them in their endeavors to do so. | You can just use the search function, and type in the your summary keywords for the searches.
When you set-up the account. The first thing to consider is the $$$ you are hoping to gross per year and the number of transactions you expect. And how long you want a account to last.
The new tax code requires sellers to provide either a SSN or FEIN, if you sell 20k in a year and have 200 transactions in the same year. There is no way in hell ,the way you advise setting up the account, that it will be able to meet this requirement.
Some accounts may only be expected to have a short shelf-life, and what you have advised might work for them. I would still do a lot more than what you say, but that's my call to make. Thanks for the advice anyway. |