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Simple COGS Explanation by a CPA

Cost of Goods Sold (COGS) is a critical tax deduction for resellers. If you're in the business of buying and selling...
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Do I Have to Make Estimated Tax Payments?

As an online reseller or self-employed individual, you’ve probably heard about estimated tax payments, but does that...
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Can I Deduct Inventory When I Purchase It?

One of the most misunderstood accounting concepts in the ecommerce and reselling space involves how to deduct your...
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