Online Selling Tax Tips From Terapeak: Six Common Mistakes Made by U.S. online selling eBay and Amazon businesses at tax time 1. Not filing self-employment schedules with Form 1040. If your online selling earned you more than $400 in profit over the course of the year, you should complete Form 1040 Schedule C or C-EZ, and Schedule […]
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A RAL is not a quick, fast or instant refund. It is a high-interest loan. The lender will charge you interest and fees, which will reduce your refund. Before you enter into a RAL agreement with a tax preparer, the preparer must give you a written disclosure statement that explains: ~you aren’t required to take […]