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Taxes and E-commerce, What You Should Know

When you enter the world of e-Commerce, you’re either starting your own business, or expanding it. Either way, you’re on the hook for taxes now. Taxes are the lifeblood of a country’s government, so it stands to reason that you’ll be responsible for a lot of them. When you operate your own business, you’re in charge of three main types of taxes: estimated taxes (the tax on your income and self-employment), employment taxes (Social Security and Medicare), and sales taxes. While the first two tax groups remain relatively static once you’ve got them figured out, sales tax can be a real headache.

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This entry was posted on February 12, 2019 by Brent W Peterson
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