The eBay Seller's Tax and Legal Answer Book: Everything You Need to Know to Keep the Government Off Your Back and Out of Your Wallet [Paperback]

Cliff Ennico (Author)

Book Description

Publication Date: May 9, 2007

Anyone running a wholesale or retail business must deal with legal and tax issues, and those who sell on eBay are no exception. Yet many eBay sellers remain ignorant of the consequences they may face if they disregard certain basic rules. Packed with stories of actual eBay sellers, this helpful guide takes readers through the most common eBay transactions, pointing out all the legal and tax issues they may encounter along the way.Readers will get practical advice on: whether their eBay selling qualifies as a "business"; illegal practices to avoid; what taxes must be paid and what they can and can't deduct; spelling out a refund and return policy; knowing when a bid becomes legally binding; resolving seller-buyer disputes; protecting themselves when buying inventory and hiring employees; trademarking a business name and web address; customs, duties, and other considerations when selling internationally. Complete with sample contracts, forms, checklists, and disclaimers, this is a book no eBay seller should be without.

Editorial Reviews

Book Description

Anyone running a wholesale or retail business must deal with legal and tax issues, and those who sell on eBay are no exception. Yet many eBay sellers remain ignorant of the consequences they may face if they disregard certain basic rules. Packed with stories of actual eBay sellers, this helpful guide takes readers through the most common eBay transactions, pointing out all the legal and tax issues they may encounter along the way. Readers will get practical advice on:

* whether their eBay selling qualifies as a "business"

* illegal practices to avoid

* what taxes must be paid and what they can and can’t deduct

* spelling out a refund and return policy

* knowing when a bid becomes legally binding

* resolving seller-buyer disputes

* protecting themselves when buying inventory and hiring employees

* trademarking a business name and web address

* customs, duties, and other considerations when selling internationally.

Complete with sample contracts, forms, checklists, and disclaimers, this is a book no eBay seller should be without.

About the Author

Cliff Ennico (Fairfield, CT) is a lawyer specializing in legal and tax issues for small businesses, and is a popular instructor at eBay University. The host of the PBS show MoneyHunt, he is a frequent contributor to Entrepreneur magazine and the author of Small Business Survival Guide. His weekly syndicated column Succeeding in Your Business appears in dozens of newspapers and websites.

Product Details

• Reading level: Ages 18 and up
  
• Paperback: 320 pages
• Publisher: AMACOM (May 9, 2007)
• Language: English
• ISBN-10: 081447425X
• ISBN-13: 978-0814474259
• Product Dimensions: 9.2 x 7.4 x 0.9 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (10 customer reviews)
• Amazon Best Sellers Rank: #15,336 in Books (See Top 100 in Books)
  • #2 in Books > Computers & Technology > Business & Culture > Digital Law
  • #5 in Books > Computers & Technology > Business & Culture > eBay
  • #37 in Books > Law > Business

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Customer Reviews

Most Helpful Customer Reviews

36 of 37 people found the following review helpful:

5.0 out of 5 stars A 'must' for eBay sellers, August 3, 2007

By 

Midwest Book Review (Oregon, WI USA) - See all my reviews

This review is from: The eBay Seller's Tax and Legal Answer Book: Everything You Need to Know to Keep the Government Off Your Back and Out of Your Wallet (Paperback)

If eBay is your major sales outlet and you have little business experience beyond it, you need The eBay Seller's Tax and Legal Answer Book, which packs in everything from what taxes need to be paid and what to deduct to protecting yourself when buying inventory and resolving seller-buyer disputes. Chapters address common problems with an eye to their legal and tax ramifications, come with sample forms, checklists and contracts, and provide clear instructions on communication processes with all entities, making this a 'must' for eBay sellers and for any general-interest public library catering to eBay sellers.

20 of 23 people found the following review helpful:

5.0 out of 5 stars New Store? How to stay out of trouble., June 9, 2008

By 

Worldwide Traveler - See all my reviews

Amazon Verified Purchase

This review is from: The eBay Seller's Tax and Legal Answer Book: Everything You Need to Know to Keep the Government Off Your Back and Out of Your Wallet (Paperback)

My husband and I are thinking of starting an eBay store. We have been buying and occasionally selling since 1998. When you set up a store, you are creating a BUSINESS. There are rules that must be followed to stay out of trouble. This book says it all. A must for the serious seller.

8 of 8 people found the following review helpful:

5.0 out of 5 stars If you believe in Murphy's Law, you should read this book, October 5, 2010

By 

Cliff - See all my reviews

Amazon Verified Purchase

This review is from: The eBay Seller's Tax and Legal Answer Book: Everything You Need to Know to Keep the Government Off Your Back and Out of Your Wallet (Kindle Edition)

Great book, the author explains many common traps that you've never thought of or heard of. I like how this author adds some hilarious clever stuff to grab the reader's attention. Also to make reading much easier, many of the legal concepts he brings up, he explains them in plain simple English, and also takes you step by step; so it's easy to understand. I'm very glad I read this book. After reading it I now feel more ease about running my e-Bay business because I now have the knowledge to avoid potential problems.

There's other things I should point out. This book was published in 2007 (Date of this review 10/5/10) and since then , some of the e-Bay policies the author refers to, have changed. For example, e-Bay no longer provides the 'shipping insurance' option to buyers; which the author goes into some detail about. However, most of the e-Bay rules and pitfalls he talks about are definitely applicable to the present time. I would highly recommend this book to all levels of e-Bay business owners.