taxes Archives - Accountinator

Is your eBay business taxable?

Posted on July 3, 2012 by accountinator

Regularly trading items on eBay could be a taxable business, subject to income taxes, but benefiting from many great tax deductions. How do you know if your eBay business is taxable? If you sometimes buy items, use them, and then occasionally resell them on eBay, then your transactions are like an online Garage Sale – […]
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Why a $10,000 gig might not yield you so much

Posted on April 13, 2012 by accountinator

If you are self-employed,* then your income will be subject to two forms of federal taxes (not to mention state and local taxes): federal income tax and self-employment tax. Federal income tax Federal income tax is assessed at the rate on your income tax return. This varies based on your family income. In the US, […]
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