Kristine McKinley's Articles in Taxes - Article Directory

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Kristine McKinley's Articles in Taxes

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Are You Required to Report Your eBay Earnings? Many people ask me if they are required to report the profits they earn on items they sell on eBay on their income tax return. In short, yes. Is Your EBay Activity a Business or a Hobby? Many eBay sellers start out as a hobby, or just to clean out their closets. Many times, this hobby can lead to a profitable business. A hobby is an activity that you do simply because you love doing it, but it may also earn you some income. That income must be reported on your tax return, even if it is just a hobby. Top 7 Ways to Reduce Income Taxes Are you paying too much in income taxes? Are you getting all the credits and deductions you are entitled to? Here are 7 tips to help you minimize taxes and keep more in your pocket: