Forum: PayPal Talk 
12-08-2014
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Replies: 25
Views: 4,512 |
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The complete step-by-step guide to get back to selling today!
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Forum: PayPal Talk
12-04-2014
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Replies: 25
Views: 4,512  Re: 20,000 Irs Rule
Perfect explanation thanks! Yeah taxes it's not the issue it's pretty straight forward if you can keep a good record on accounting, give it to accountant, pay the taxes.
As you say opening LLC is...
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Forum: PayPal Talk
12-04-2014
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Replies: 25
Views: 4,512 Re: 20,000 Irs Rule
Thanks also for the tip of average profit for small business, some people think it's much more than that and want to be millionaires overnight with the $200 iphones [emoji23]
I always try to get...
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Forum: PayPal Talk
12-04-2014
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Replies: 25
Views: 4,512 Re: 20,000 Irs Rule
Yeah Jeff I know it has to be over those numbers I was just using a random number. Thanks for verifying what I thought about only paying taxes on profits
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Forum: PayPal Talk
12-04-2014
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Replies: 25
Views: 4,512 Re: 20,000 Irs Rule
So yankee if for example you processed 10K in PayPal and it's reported to IRS in 1099K, it's basically reported as gross income right, which you have to add to any other income in your taxes, but...
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