Tag: bookkeeping
How to Reconcile Your eBay 1099-K to Gross Sales Before Tax Season
Your 1099-K and your sales records measure different things. Learn the usual gaps and a monthly tie-out that brings the two numbers into agreement.
How to Set Aside Quarterly Taxes for Reseller Profit: A Simple Method
Set aside a percentage of net profit, not your payouts. A simple monthly routine turns COGS, fees, and sales into a quarterly tax reserve you can trust.
How to Track Sales Tax on Clothing Resale Across eBay and Other Marketplaces
Marketplaces collect most sales tax for you, but that doesn't mean you can ignore it. Here's a 6-step monthly setup that keeps tax out of your revenue line.
Reseller Taxes 101: 1099-Ks, Deductions, and Clean Books Without the Panic
A 1099-K reports gross payments, not profit. Here's what the federal threshold actually is now, which deductions offset it, and the record-keeping workflow that keeps tax time boring.