PPT-Navigating Amazon Taxes and Fees in Canada: A Guide for Amazon Sellers

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I invented an automatic gate closer out of cementfilled tires, a solar coo Death Certificate Amendment Fees No amendment fee is charged if a death record is amended within the first year following date of death Birth Records Birth Certificate Amendment Fees No amendment fee Fed up with the numerous violations of tax law by individuals and businesses selling goods on eBay and other Web sites, the IRS is pushing Congress to make online marketplaces responsible for reporting sales information to the IRS. eBay\'s own statistics suggest that there are 1.3 million people around the world who make their primary or secondary source of income through eBay, with just over 700,000 of those people in the United States. Last year, an IRS advisory committee recommended that online auction sites be required to file reports of sales transactions with the IRS. The committee also suggested requiring sellers to obtain taxpayer identification numbers, which would let the government track the transactions.If you are an eBay seller, you may be paying more than you have to in taxes because you have not focused on all that you can deduct. You will learn how to take advantage of the legal tax loopholes available and how to choose the proper, legal business structure. If you run your online selling business in a businesslike manner with intent to profit, you can take deductions for business use of your home and also many other deductions, even though they may produce a loss that reduces the taxes you owe on your day-job income.You will learn the categories of deductions on the Schedule C, which is the form most small independent businesses must file. 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