Do I Need To File Taxes For Reselling Items?
June 10, 2022 ⚊ 1 Min read ⚊ Views 99 ⚊ BUSINESS
Wondering about how to file US income tax return online? There are a lot of businesses that buy things and then sell them again, like department stores, grocery stores, car dealers, and people who sell things through catalogues. A reseller buys things and then sells them almost precisely the same way they bought them. Often, resellers pay sales tax on the things they buy, but they must collect sales tax from the final customer when they resell the items.
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