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Friday, August 3, 2012

Shedding Some Light

A lot of people don't travel for fun and pleasure, but for work and business and they are probably already aware of the fact that out of town travel costs, when pertaining to business, are tax deductible.

There are still a lot of questions left when it comes to what is and what is not deductible and the new 1099K tax form for sellers hasn't made it any easier. On the contrary, it may have raised more questions or even created some confusion.

Whether you sell on eBay, Amazon, or otherwise online, you could be presented with this new tax form. If you should expect to receive one or not is made clear in this infographic which can be found at outright.com.

Read through it; it will also shed some light on and clarify many topics and categories and gives great examples!

big news for small business owners 1099 K Infographic
Brought To By Outright.com

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