Dropshipping has become increasingly popular as more and more people turn to the internet to do their shopping. Rather than purchasing an ample product supply from a wholesaler, storing the inventory, and shipping when a customer makes a purchase, dropshipping allows a retailer to buy products only after the wholesaler receives payment and makes the …
Taxes
The penalties for not paying sales tax can include monetary penalties levied in the form of fines and owed taxes plus interest as well as harsher penalties such as prison time. However, the exact penalties will depend on your local and state tax jurisdiction, as well as other complicating factors like e-commerce sales. Can You …
What Are the Penalties for Not Paying Sales Tax? Read More »
It’s no doubt that most people around the world are turning to self-employment businesses. Self-employment can be one of the best ways to earn a living. However, it requires persistence, dedication, and sacrifice to start and run a self-employed venture. Self-employment allows you to be your own boss—you get to decide your working schedule, and …
7 Tax Deductions Allowed For Self-Employed Individuals Read More »