December 28th, 2008 by Kenny Kings

Start my own business on eBay and online questions about taxes?

I'll start my own business on eBay and eventually going to do my own physical state of the web shop. By my calculations I will do around 300-600 dollars a month for my estimate. Now, my question is: what happens taxes. I will not take any problem, so I know what I do as far as taxes. I am completely new to this and even paying taxes in general, can someone help me

Dear Children: If you can ask yourself (not their parents) think you're close to a tax liability, but you will to file Sch C as a sole proprietor and have to pay SE tax. Visit www.irs.gov and read instructions Ann C. If you start making more money than you may want consider paying estimated taxes (quarterly rates). Consult a specialist to launch a free consultation. This review was prepared according to our understanding of tax law in force when it has been written as it applies to the facts you provided. Click on my profile for more information. Errol Quinn enrolled agent

business, reference, search, tools, web2.0