Do you have a business and don't know about it? What does it mean to sell your stuff in Facebook Marketplace for your taxes? In this insightful episode, we unravel the intriguing concept of unwittingly owning a business and its tax implications, particularly in the realm of online selling through platforms like Facebook Marketplace. Joined by Andrea Harrington, lawyer and team manager for Texas Rio Grande Legal Aid, we explore scenarios where individuals may unknowingly find themselves in business roles and the repercussions it entails for taxes. From understanding IRS criteria to proactive compliance measures, Andrea offers invaluable guidance to navigate this complex terrain. Tune in to equip yourself with essential knowledge, ensuring you're prepared to manage your tax responsibilities effectively in the digital marketplace.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.