The Etsy Seller's Simple Guide To Taxes : A Time And Money Saving Guide For Makers And Crafters

Updated for 2018 tax information and forms! Are you an Etsy shop owner, product seller, or owner of a handmade business? When you began creating your handmade products, you may not have considered the tax rules associated with product selling. Now it's tax time, and you have no idea what to do! Enter the Etsy Seller's Simple Guide to Taxes. Don't let tax concerns take away from the fun of making and crafting. With this easy to read guide you can quickly understand small business taxes to save you time and money! After reading this book you will know: -If your handmade business or Etsy shop is a hobby or a business -What business structure to choose -How to register your business with your state and the IRS -Easy tax deductions you can take as a product seller -What tax form to file as a product seller -Easy tax deductions you can take on your tax return -How to take an inventory and calculate your cost of goods sold -What income to record as revenue -If you need to pay self employment