does selling a product through a website automatically make u a business?

if yes, do i have to:

1. register the business with the state/ county?
2. pay taxes on all my sales?

 

Depends... The IRS will always tell you yes.

Officially registering it as a business doesn't matter so much, as long as you pay taxes. There is a limit, if you make less than xxx sales per year, totaling less than xxx dollars, then it falls under a private sale. Similar to a garage sale.

If you have employees, its a totally different story.

 

no employee fo sho.... annual sales prob around $5K - $10K... i'm just afraid of the IRS busting down my door followed by a cameraman from the cops series h:

 

I seriously doubt they would bust your door for such a small amount. There is a spot on your income tax sheet for misc. earnings. Just claim it on there.

I've sold that or more worth of stuff online in the past, and never had a problem. Maybe you should do a few google searches.

 

where did u sell online? ebay? tht will be one channel i will be using, but i plan to develop my own website down the road.... with ebay, i can hide my income from the IRS cos i'm just using ebay's service.... but with a website, i'm basically my own business... guess i need to do more research on business law in cali h:

 

WTF are you selling to be worried about that?

 

:hsugh:

I'm about to go 10-99 on my current job and will create my own thread for it, since I need to learn how to incorporate myself.

Account balances > $9,999
Uncle Sam is notified.

 

:bandito:

h:

text

 

i'm paranoid h:

i'll be selling oxygen sensors