Ecommerce Industry News
eBay has been trying to change the rules around IRS Form 1099-K, which changed for tax-year 2022. This week it turned to YouTube to explain the issue through the account belonging to eBay Main Street, […]
eBay launched a new “Tax Information Center for eBay Sellers” as new tax rules that impact sellers’ 2022 revenue are in place. eBay said it partnered with TaxAct, a do-it-yourself tax-preparation service, “to help untangle […]
The IRS published a new tax tip in its email newsletter it sent to small businesses on July 22, 2022. The crux of the tip: if your hobby earns income, you must report it on […]
Online shoppers in Colorado will pay a new fee for their purchases beginning July 1, 2022. But similar to state sales-tax laws, the Colorado Retail Delivery fee will require retailers and marketplaces to collect it, […]
Etsy warned sellers that those shipping to countries in the EU (European Union) face new requirements that presumably apply to sellers on any platform. In an announcement on Tuesday, Etsy wrote: “We wanted to let […]
It doesn’t take online sellers long to learn about the implications of copyright and Intellectual Property (IP) issues, whether they are being accused of infringement by a brand or they’re trying to protect their own […]
eBay announced today it had joined the Coalition for 1099-K Fairness – though a visit to the website reveals eBay cofounded the group along with Etsy, Mercari, OfferUp, Poshmark, Reverb (owned by Etsy), and Tradesy […]
Did you know that taxpayers who accepted virtual currency for payments in 2021 for goods or services must answer yes to a question at the top of IRS Form 1040 that reads: “At any time […]
GoDaddy partnered with Avalara to add sales-tax capabilities to its stores product for online sellers. “Memorizing the ever-fluctuating sales tax rates for over 13,000 U.S. jurisdictions is something GoDaddy doesn’t think business owners should have to […]
Craigslist, eBay, Etsy, HobbyDB, Mercari, OfferUp, Poshmark, and Shopify are among the companies lobbying Congress about the SHOP SAFE Act, which stands for “Stopping Harmful Offers on Platforms by Screening Against Fakes in E-commerce.” The […]