SEQWerks LLC

SEQWerks LLC

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SEQWerks provides clients with relevant solutions for all aspects of their business.

It's going to become harder to avoid telling the IRS about income from selling stuff online. Here's what to know 03/27/2021

Is it time to take your side hustle and turn it into a real business? Many people don't realize just how long this transformation at the IRS took. For years there has been the threat of taxation on all online sales. Now that platforms like eBay and Etsy are in principle becoming more than just your "Online Store", it begins to change the dynamic of selling personal items along with even reselling items that were purchased privately without a receipt. Additionally, because Facebook has been working to compete in the space with their Marketplace, how long does it take before they are in one more aspect of your personal AND business life... The taxation side.

Interesting things to come. Contact us to find out how we can help you transform your side hustle into a fully operating business, even if you are employed full time.

It's going to become harder to avoid telling the IRS about income from selling stuff online. Here's what to know The recently enacted American Rescue Plan Act significantly lowers the threshold for when online sellers will receive a tax form.

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St. Louis, MO