I went through several CPAs until I found someone willing to do the research to verify my findings about inventory.
https://www.irs.gov/publications/p334#en_US_2022_publink10008494
From here, navigate to the section titled - "Treating inventory as non-incidental material or supplies."
Of course, remember that this is the internet and you can't always trust everything you hear/read. Please confirm with your CPA that this could be a viable option for you.
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https://www.irs.gov/publications/p334#en_US_2022_publink10008494
From here, navigate to the section titled - "Treating inventory as non-incidental material or supplies."
Of course, remember that this is the internet and you can't always trust everything you hear/read. Please confirm with your CPA that this could be a viable option for you.
Keywords:
ebay,ebay taxes, reselling on ebay, reselling taxes, reselling taxes 2023, reselling taxes 2022, ebay taxes explained, reselling taxes explained, ebay selling taxes, tax questions, ebay ending inventory, ending inventory, accounting for inventory, accounting for ebay inventory, ebay inventory, ending inventory ebay, how to determine ending inventory, how to know ending inventory, do I need to know ending inventory, treating inventory as materials or supplies
- Catégories
- E commerce Ebay
- Mots-clés
- ebay, ebay taxes, reselling on ebay
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