Trends and Taxes
Posted 9th June 2014 at 07:48 AM by WhiteTS
Lately, I've been looking into the TeeSpring / Tshirt fad exploding on the Internet. Although crowded, I think there's some additional upside left in the tshirt market.
After speaking with several accountants, I've determined that it's probably best to act via another sales platform (amazon, teespring, etc ...) to sell my designs as tax collections could be an issue / requirement.
This (tax collection) applies to other retail / tangible products (and soon digital products if the US Congress has its way).
At this stage, I'll let them (amazon / teespring / etc ...) deal with the tax headache and send me the net profits.
After speaking with several accountants, I've determined that it's probably best to act via another sales platform (amazon, teespring, etc ...) to sell my designs as tax collections could be an issue / requirement.
This (tax collection) applies to other retail / tangible products (and soon digital products if the US Congress has its way).
At this stage, I'll let them (amazon / teespring / etc ...) deal with the tax headache and send me the net profits.
Total Comments 0
