Revenue Tip » Internet Business

If You Are Selling Online? Don’t Forget Your Taxes.

admin — Tue, 12 Aug 2008 15:47:18 +0000

If You Are Selling Online? Don’t Forget Your Taxes.

By Chris Crum - Fri, 08/08/2008 - 8:55am.

The IRS will make sure.

Keeping in the spirit of watching out for the IRS, you might be interested to know that President Bush is about to sign new legislation that will require PayPal and other online payment services to report annual gross receipts to the IRS.

As Martin Vaughan at the Wall Street Journal reports, online sellers are facing new tax rules.

This includes casual eBay sellers. The IRS says that many people do not realize or choose to ignore their tax responsibilities when it comes to online selling, and they’re aiming to change that.

The law won’t take effect for another three years, so sellers have some time to get their acts together.

Vaughan gives the following suggestions to meet compliance:

- Report all income from online sales, even from casual selling

- If you mean to deduct expenses, act like a business

- Keep your personal and business accounts separate.

- Claim the home office deduction.
The biggest problem still, is that many casual sellers will not ever think about themselves as businesses, and therefore will not ever enter the business mindset.

These people will probably still be in the dark about their responsibilities because they probably do not read many business publications that will inform them of such news.

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admin — Thu, 17 Jul 2008 17:33:31 +0000

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TRAFFIC SECRETS IS HERE!

admin — Tue, 15 Jul 2008 18:21:48 +0000

TRAFFIC SECRETS IS HERE!
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Internet Marketing Pioneer, John Reese is Back!

admin — Sun, 13 Jul 2008 02:40:24 +0000

Internet Marketing Pioneer, John Reese,
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And now I know why.

Many marketers remember John Reese’s
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Traffic Secrets 2.0 is Here

admin — Fri, 04 Jul 2008 01:48:55 +0000

It’s Reese’s long awaited intro video for Traffic Secrets 2.0.

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Traffic Secrets 2.0 is Here

admin — Fri, 04 Jul 2008 01:32:47 +0000

Part 2

It’s Reese’s long awaited intro video for Traffic Secrets 2.0.

…And in classic Reese fashion, he goes and ups the ante by making
this one of the coolest free videos ever released.

Which now means that everyone else in this market is going to have to make
*their* videos even cooler …just to keep up.

Enjoy….

The Next Disruptors

Mon, 15 Oct 2007 17:30:20 +0000

Watch out, Microsoft, GE, United, AT&T, and, yes, even Google. Here come 10 game-changing startups with plans to upend existing industries and spawn new opportunities for the rest of us.

Original post by Technology news - Business 2.0 Magazine

The hijack-proof truck

Thu, 04 Oct 2007 12:42:58 +0000

You can’t go far wrong in a truck equipped with an Astrata box. The device, half the size of a cigarette pack, can be wired into anything that moves - truck, car, shipping container - to head off nearly every conceivable type of catastrophe.

Original post by Technology news - Business 2.0 Magazine

Live chat: your new online salesperson

Thu, 04 Oct 2007 12:22:12 +0000

A year or two ago, it looked like instant messaging and other forms of online chat had reached their full potential as a business tool. Millions of society were using IM to interact with corporate colleagues. Live chat had additionally become a fixture on websites, giving customers a way to inquire about products and receive answers in real date.

Original post by Technology news - Business 2.0 Magazine

Server farm goes solar

Thu, 04 Oct 2007 08:54:39 +0000

Massive goods centers are vital to the economy. They are additionally notorious capability hogs. whether their numbers keep growing at the expected rate, the United States alone will need nearly a dozen new ability plants by 2011 just to keep the details flowing, according to the Environmental Protection Agency.

Original post by Technology news - Business 2.0 Magazine

Say goodbye to the used-car salesman

Wed, 03 Oct 2007 11:56:44 +0000

In late 2005, Stanford student Luke Thomas tried to buy a Land Rover online. After a few frustrating days of trawling Craigslist and driving around the Bay Area, only to find cars that looked better in their photos than in real life, Thomas decided there must be a better way.

Original post by Technology news - Business 2.0 Magazine

Privacy for free online calls

Wed, 03 Oct 2007 10:30:49 +0000

What’s more creepily brilliant than ads that follow you around the Web? How about a Skype-like online phone service that listens in on your conversations and serves up ads based on what you say?

Original post by Technology news - Business 2.0 Magazine

A hard-knock laptop

Tue, 02 Oct 2007 18:48:15 +0000

Computer makers are thrilled when, in today’s PC market, they can get more than $1,500 for a high-end laptop. That’s why Panasonic’s Toughbook line is a standout.

Original post by Technology news - Business 2.0 Magazine

The kopy kat kids

Tue, 02 Oct 2007 18:45:35 +0000

The Samwer brothers never been shy about borrowing ideas. The first company the Cologne-born trio founded was a German-language version of eBay. Later, as venture capitalists, they invested in European startups that were direct knockoffs of YouTube, Facebook, and Twitter.

Original post by Technology news - Business 2.0 Magazine

Nana technology

Tue, 02 Oct 2007 16:31:56 +0000

Where can you find upside in the mature high-tech gadget business? Selling gadgets designed for seniors.

Original post by Technology news - Business 2.0 Magazine