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Many persons in the US have been engaged in selling on online platforms such as EBay. Some persons have formalized this and transformed the sales into a full time business. Now, once you start referring to your operation as a business, then taxes will eventually be liable. Your taxes can be reduced by maximizing the amount of tax deductions you can take. These deductions are important as they help to determine the amount of money you will pay in tax per year. The more you understand the system, the more you can write off for your business and the less you will have to pay. For some, the deductions can be confusing and they tend to miss out on opportunities that they can take advantage of. This eBook will seek to cover many of the deductions EBay business owners can claim for their current business in 2019.
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