So, If I use the cash method for tax purpose, does it mean1. I ignore what's the number on 1099K (gross unadjusted sales from amazon)2. My income is what I rece...
What about the initial cost of inventory? The amount of money I spent to purchase the inventory to start the business.Is that not a business expense?Thanks.
Thanks.Quick question with an examplePurchased items from China (and sold on amazon later) - $10,000 spent out of pocketAmazon 1099K gross sales number - $30,00...
@EbonyAPlease save me the bull**bleep**. Go and do some research on this topic before giving your "expert opinion".Its a glitch in TT and hundreds of other peop...
@DoninGAYou are, hands down, THE MOST USELESS "champ" I have come across on this forum. Your "solutions" are ABSOLUTE GARBAGE. You offer nothing helpful and yet...