Should I Charge Sales Taxes when Drop Shipping on eBay.com?
Published on: December 3 2022 by Marc Augustine
Should I Charge Sales Taxes when Drop Shipping on eBay.com?
Table of Contents
Should I Charge Sales Taxes when Drop Shipping on eBay.com?
startTime | durationTime | text |
00:00:01 | 00:00:08 | what up [ __ ] |
00:00:05 | 00:00:10 | let me stop was a bit so um I try to |
00:00:08 | 00:00:13 | make this video second ago a my |
00:00:10 | 00:00:18 | girlfriend : [ __ ] it up so I put my |
00:00:13 | 00:00:20 | phone on on a [ __ ] where you polish |
00:00:18 | 00:00:23 | it yeah played more than on during the |
00:00:20 | 00:00:27 | video actually didn't put on April moon |
00:00:23 | 00:00:27 | I'm so again [ __ ] messages any so |
00:00:27 | 00:00:31 | someone for stealing the honest |
00:00:29 | 00:00:33 | dropshippers group The Untouchables |
00:00:31 | 00:00:35 | group is a link in description is like a |
00:00:33 | 00:00:37 | a group we have a Facebook way and the |
00:00:35 | 00:00:39 | questions that share information [ __ ] |
00:00:37 | 00:00:43 | so someone porcelain on instructions |
00:00:39 | 00:00:46 | group should I charge sales tax so let |
00:00:43 | 00:00:47 | me give you a little background and then |
00:00:46 | 00:00:50 | I'll let you know what I think you |
00:00:47 | 00:00:54 | should do so first of all I am NOT a tax |
00:00:50 | 00:00:57 | attorney so if the IRS comes to you do |
00:00:54 | 00:01:00 | not call my [ __ ] name but what I'm |
00:00:57 | 00:01:03 | going to do is tell you what I do so you |
00:01:00 | 00:01:05 | guys can learn from that I've been |
00:01:03 | 00:01:07 | dropped chip into five years I'm in |
00:01:05 | 00:01:09 | charge of sales apps for maybe five |
00:01:07 | 00:01:12 | years right I'm in charge of steel |
00:01:09 | 00:01:15 | sections beginning there's a little |
00:01:12 | 00:01:19 | loophole that we cannot block through |
00:01:15 | 00:01:22 | because the receipt is not supposed to |
00:01:19 | 00:01:26 | collect sales that's for an item twice |
00:01:22 | 00:01:27 | if are the JumpShip are sells it and we |
00:01:26 | 00:01:29 | don't actually touch the item so because |
00:01:27 | 00:01:32 | what money these other guys are charging |
00:01:29 | 00:01:35 | up sales that when we charge sales tax |
00:01:32 | 00:01:39 | the Irish and really can't collectively |
00:01:35 | 00:01:41 | never touch the item and people and |
00:01:39 | 00:01:46 | really need to report the still sucks |
00:01:41 | 00:01:49 | anywhere that has change of it and I |
00:01:46 | 00:01:51 | don't know for certain if people report |
00:01:49 | 00:01:53 | collection co that's what I suspect so |
00:01:51 | 00:01:55 | now because they've recently sent out an |
00:01:53 | 00:01:58 | email to a lot of us guys saying if you |
00:01:55 | 00:02:00 | don't have sales tax paperwork and all |
00:01:58 | 00:02:02 | the states are [ __ ] charge the sales |
00:02:00 | 00:02:03 | tax and you have suddenly it's a stop |
00:02:02 | 00:02:07 | charges so that's basically what |
00:02:03 | 00:02:08 | happened what the solution we found now |
00:02:07 | 00:02:13 | is be easy to get |
00:02:08 | 00:02:18 | a business license and charge and get |
00:02:13 | 00:02:21 | tax exempt from Walmart and the |
00:02:18 | 00:02:27 | suppliers so that we don't kiss aell |
00:02:21 | 00:02:30 | steps and then um and then we don't have |
00:02:27 | 00:02:33 | to charge sales tax right so the |
00:02:30 | 00:02:36 | question comes up what should you just |
00:02:33 | 00:02:39 | feel that or not so if I had never gone |
00:02:36 | 00:02:43 | missing email from eBay I would still be |
00:02:39 | 00:02:45 | charging suicides right um does that |
00:02:43 | 00:02:47 | mean you should charge feels like that's |
00:02:45 | 00:02:49 | not what it means I'm just tell you what |
00:02:47 | 00:02:52 | I would have done we have people in the |
00:02:49 | 00:02:53 | group India shilling one gun partikular |
00:02:52 | 00:02:56 | will sell at fifty thousand dollars a |
00:02:53 | 00:02:58 | month and she is still charges Hill |
00:02:56 | 00:03:03 | starts maybe hasn't written anything so |
00:02:58 | 00:03:06 | my suggestion to you if you're thinking |
00:03:03 | 00:03:09 | about getting into drop shipping in |
00:03:06 | 00:03:12 | order to compete if you don't have the |
00:03:09 | 00:03:15 | tax exempt account from Walmart you have |
00:03:12 | 00:03:19 | to charge your sex so my suggestion |
00:03:15 | 00:03:23 | would be if you it takes a couple days |
00:03:19 | 00:03:25 | to get the tax exempt becomes charge if |
00:03:23 | 00:03:28 | you if you have to so much okay to be |
00:03:25 | 00:03:30 | hard represent clean you should have not |
00:03:28 | 00:03:32 | charged the exact and getting tax exempt |
00:03:30 | 00:03:35 | account from one dancer bottom line if |
00:03:32 | 00:03:37 | you want to be a savage like me I would |
00:03:35 | 00:03:41 | charge [ __ ] sales tax to begin with I |
00:03:37 | 00:03:43 | applied for the tax exempt and then stop |
00:03:41 | 00:03:45 | charging sales tax because you compete |
00:03:43 | 00:03:47 | that's just what I would do and I'm here |
00:03:45 | 00:03:49 | to tell you the honest truth was to be |
00:03:47 | 00:03:52 | clean and not worry about anything |
00:03:49 | 00:03:56 | you should not charge sales tax and then |
00:03:52 | 00:03:58 | get started ever come da Cheney has a |
00:03:56 | 00:04:00 | sack to examine counter you we're going |
00:03:58 | 00:04:02 | to be using actually fulfillment service |
00:04:00 | 00:04:04 | but I just think that couple needs to go |
00:04:02 | 00:04:07 | back and forth or Walmart a little more |
00:04:04 | 00:04:08 | just to make sure when we pump our |
00:04:07 | 00:04:10 | volume up to maybe half a million |
00:04:08 | 00:04:12 | dollars a month in orders they're not |
00:04:10 | 00:04:13 | going to start canceling others so |
00:04:12 | 00:04:15 | that's just the bottom line |
00:04:13 | 00:04:18 | so yeah Anthony questions will bleep |
00:04:15 | 00:04:18 | look at if you do a search on my youtube |
00:04:18 | 00:04:22 | channel |
00:04:18 | 00:04:23 | just sued for taxes or fear stats or |
00:04:22 | 00:04:25 | charging tasks you'll find all the |
00:04:23 | 00:04:27 | videos on taxes to get a general |
00:04:25 | 00:04:29 | understanding love your child will make |
00:04:27 | 00:04:32 | their money look in the description for |
00:04:29 | 00:04:35 | the free stuff free math wrangle free |
00:04:32 | 00:04:38 | [ __ ] train em have a free one out |
00:04:35 | 00:04:38 | read and have a good one |