I don't think you're buying a hotel night on Ali or eBay, but maybe a car from eBay. Cars are complicated because of licensing. But I'm not sure how they know where the purchase is made, such as if I'm visiting in another state and make online purchases. And food is not taxabl...
Cost of goods sold (COGS) is an important line item on an income statement. It reflects the cost of producing a good for sale to a customer. The IRS allows for COGS to be included in tax returns and can reduce your business’ taxable income. Whether you are a...
Third-party settlement organizations like PayPal, Venmo, and eBay will begin filing 1099-Ks with copies to the IRS for their customers receiving payments for the gross sales of goods and services beginning for 2024 payments at a proposed transitional threshold amount of $5,000 and beginning for ...
The act also increased the benefits received in the event of death for surviving family members, included travel expense deductions for National Guard members, and created a new definition of the tax term "principal residence" so military members could receive a taxable gain exclusion from the ...
Orbital space vehicle re-entry grade fireproofing technology is being deployed to prevent Electric Vehicle batteries from creating another Felicity Ace disaster. My question - when are fire blankets going to be provided to EV owners?