How to Do Your Taxes as an Amazon Seller
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- Опубликовано: 4 июл 2024
- What are the most important things to think about when doing your taxes as an Amazon seller? In this video, I sat down with an eCom tax expert to get you a qualified take on best practices to stay organized and profitable even after taxes :)
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Very informative! This was fantastic and is a topic no one ever wants to address. Thank You both
Awesome setting this up with how touchy it is giving advice on this stuff 🙏
Good stuff. Thanks for the vid.
Very informative! I will listen to it over.
Glad it was helpful!
Much needed info. Thank you🙏🙏
Glad it was useful!
I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!
Thanks for the support!
very informative. I should have watch 3 month ago.
Great info
Lots of good info
Glad it was helpful!
Signed up with Tall Oaks last night for tax help
How did that go?
Thank you so much, I really needed the info about cash and accrual method. god this business tax stuff is to hard to do correctly! I made an LLC for my fba business, and im wondering if people are LLC's and then elect to be taxed as an S-Corp?.. is that the right thing to do to save money? hopefully i can figure this all out
I’m confused it’s best to start off with an LLC in Cali ? Because he said two different things 😮
I’m currently living in Cali should I start with an LLC?
In michigan its 2000
Thanks so much. This was quite a useful video. If i open a single member LLC for doing amazon FBA in US as a non-resident alien (my domicile is in India) , what kind of taxes i have to report and pay in US ? I've been trying to glean information on this topic.
Sales Tax : Report NIL sales Tax each quarter since amazon is collecting it on seller's behalf but who do i report it to and how ?
State Tax: To be Paid annually to state in which single member LLC in incorporated. how do i report and pay it ?
Federal Tax : Paid annually to IRS each year before 15th of April. which form numbers i must use for this purpose ?
Finally since US and India have DTAA ( dual tax avoidance agreement ), Should i pay taxes in US or India ?
Please help me understand this as this is quite confusing. Thanks in advance.
what about paying quarterly sales tax? I live in California and I get an email from the CDTFA every quarter about my sales tax
You don't owe any sales tax. Amazon collects the sales tax for you. You still file quarterly with the CDTFA but the total you owe always is $0
Hi I have a question, if I have a California business but am currently living in FL do I need a resellers permit in Florida or in California. I do plan on moving back to CA eventually but for the time being I’m in FL
If I made 3k profit on Amazon do I need to report this?
All hail the lord Chris!
Lol for real
Sorry. Did he say to start as an LLC in California (around 2:33)?
He said to skip it since it's so expensive, wait until you really are all in on this biz
@@FieldsofProfit OK, that's what I thought. Thanks for clarifying sir, and thanks for all your content!
Can we open an LLC in another state while running the business from California?
Good video. Probably helpful for USA sellers but definetly not for European members.