REDWOOD CITY, Calif., Feb. 4, 2013 /PRNewswire/ -- Outright along with Page Mage Inc., eBay Radio, Stamps.com, Terapeak and Kabbage will be hosting two free webinars for eBay® sellers. Join Laura Messerschmitt and Cliff Ennico, experienced financial-industry experts, to help you learn about and understand your income taxes when you are selling on eBay.
April 15th can strike fear in the hearts of many eBay sellers – but it doesn't have to be that way. In part one of this two part series, Laura and Cliff will take you through the basics of what you need to know for completing your Schedule C and handling your 1099-k. Part two will go more in depth on key topics and is intended to be an intermediate-level class.
A few of the things you'll learn:
- The whats, whens, and hows of income taxes for eBay sellers
- How to handle the 1099-K you received from PayPal
- Is selling on eBay a "business" or a "hobby", and does it matter?
- Calculating your income from selling on eBay
- Common deductions that eBay sellers take
- Self-employment tax
- Estimated taxes and how to calculate them
- Tax issues for the larger eBay seller
- Overview of sales and use taxes
- Tax issues when dealing with "drop shipping" and consignments
You do NOT have to be a Top-rated seller to join. The webinar is for eBay sellers of all sizes and levels. Sign up even if you can't participate live. The webinar will be recorded and a link sent to all registrants when it's complete.
Who: Presented by Cliff Ennico, legal expert and author of "The eBay Seller's Tax and Legal Answer Book" (twitter: @cliffennico), and Laura Messerschmitt, Vice President at Outright (twitter: @ljmesser).
Cliff Ennico is an attorney, author, syndicated columnist, speaker, television personality and humorist. Cliff Ennico is considered one of North America's foremost small business legal and tax experts, and has helped more than 15,000 small businesses get off the ground over the past 32 years. A former Wall Street lawyer and business consultant, Cliff is the author of ten books on entrepreneurship and small business success, including The eBay Business Answer Book, and The eBay Seller's Tax and Legal Answer Book. He is a former faculty member of eBay University, and a frequent guest on eBay Radio.
Session 1, The Basics: Wednesday, February 13th, from 11:00 am – 12:00 pm. PT / 2:00 – 3:00 p.m. ET (Registrants will receive a link to the session recording afterwards.)
Session 2, Intermediate Level: Wednesday, February 27th, from 11:00 am – 12:00 pm. PT / 2:00 – 3:00 p.m. ET (Registrants will receive a link to the session recording afterwards.)
Where: Register at http://pagemage.com/education/webinars
Outright has one goal: to make bookkeeping as simple as possible so the self-employed can spend as little time as possible on the least enjoyable part of running a business. Outright's easy-to-use online accounting solution automatically brings together all of your sales & expenses in one place so you always know what's going on with your business and are ready come tax time. No math, no manual entry, no paper work. Outright integrates with eBay & PayPal, e-commerce accounts, and, of course, your Bank and Credit Card Accounts so you can stay up to date effortlessly and instead focus on doing what you love.
About Page Mage
Page Mage is transforming the way sellers market their products on eBay. Page Mage provides easy to use applications for creating better listings and bigger profits. Our Billboards and Smart Gallery applications in the eBay App Center are both "Top 10 Most Popular" and let you create breakthrough listing designs to stand out from your competition, look more credible and professional, improve selling performance, and increase confidence among buyers.
About eBay Radio
The host of eBay Radio is Jim "Griff" Griffith, .eBay's Dean of Education and author of the Official eBay Bible. eBay Radio broadcasts (eBay Radio; eBay Radio's Ask Griff & Lee; and eBay Town Hall) feature helpful guidance, advice, and information from eBay team leaders and guest experts along with hot eBay topics, news direct from eBay, and your calls!
Stamps.com is a leading provider of Internet-based postage services. Stamps.com's service enables small businesses, high-volume shippers, enterprise shippers, and consumers to print U.S. Postal Service-approved postage with just a PC, printer and Internet connection, right from their home or office. The Company targets its services to small businesses and home offices, and currently has PC Postage partnerships with Avery Dennison, Microsoft, HP, USPS and others.
Terapeak is a leader in ecommerce market research and payment analytics, and is the sole authorized re-licensor of eBay data globally. The company provides custom insights and SaaS technology-enabled solutions to e-commerce merchants around the world.
Currently aggregating over 20% of all online commerce sales data, Terapeak helps merchants make faster, more-profitable business decisions based on real-time market trends, pricing, and transaction data.
About Kabbage, Inc.
Kabbage, Inc., headquartered in Atlanta, Georgia, has pioneered the first financial services data and technology platform to provide funding to small businesses in less than 7 minutes. Kabbage leverages data generated through business activity such as selling online, shipping data, and dozens of other data sources to understand business performance and craft financing options for small businesses.