How to Keep Track of Your Cost of Goods Sold (COGs) on eBay and Amazon

What is COGs? Cost of Goods Sold is exactly what it sounds like. It’s the cost of your inventory that has sold.  You need to know this so you can figure out your net profit, and for tax reasons. When Continue reading How to Keep Track of Your Cost of Goods Sold (COGs) on eBay and Amazon

5 Tax Deductions for Internet Entrepreneurs and Resellers

Taxes for American Citizens are due on April 15th, 2019. Last year my parent’s accountant filed my taxes for me, but this year I need to do it myself. I haven’t started to look back at my receipts or anything Continue reading 5 Tax Deductions for Internet Entrepreneurs and Resellers