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The answer to this question is pretty simple. If you sold a handful of personal items at a garage sale (or via eBay or another online auction site) you don't have to report this income on your ...
One way to generate sales is to steal from the playbook of larger retailers and offer bundle discounts. For example, if you have sleeves of golf balls for sale, you could price them at “$3 for ...
From vintage items to tools, here are the items that are worth putting in your garage sale. Antique Type Items “Anything that is antique or vintage should do very well at your garage sale ...
Sales taxes are imposed only on taxable transfers of goods or services. The tax is computed as the tax rate times the taxable transaction value. Rates vary by state, and by locality within a state. [ 5] Not all types of transfers are taxable. The tax may be imposed on sales to consumers and to businesses.
t. e. Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [ 1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally or ...
Connecticut – As long as no tangible personal property is provided in the transaction, sales or purchases of "digital downloads" are treated as sales or purchases of computer and data processing services, and taxable at a 1% rate. As of October 1, 2019, the tax for digital downloads was changed from 1% to 6.35%. [ 28]
“Hardcore garage sale people are always looking to Google townwide garage sales,” Vaynerchuk says, so he recommends calling local papers to list your sale, since it will show up in Google ...
The alternative minimum tax ( AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [ 1][ 2]