Tag Archives: IRS
I screwed up on my taxes! What do I do now?
Yes it can be a sinking feeling to know you worked so hard on your return only to still get it wrong. Fortunately our friends down at the Internal Revenue Service have a form for that! read full post
Best of Outright Weekly Round-Up: Small Business Definition Edition
Has the definition of what constitutes a small business changed? Plus, what will you do with your tax refund? All this and more in this week’s round-up! Let’s get started! Small Business News of the Week What is a small … read full post
Small Business Owner’s Guide to Taxes Due on April 17th
You may ask what taxes are actually due on April 15th? Individual and partnership tax returns are due. Sole proprietors, self employed individuals and freelancers all file a Schedule C which is NOT a separate tax return, but is part of the standard individual tax return or Form 1040. read full post
3 Reasons the 1099-K is Really a Gift in Ugly Wrapping Paper
You know it’s just sitting on your desk, staring up at you. You know it’s got sales information that the IRS is now completely privy to. Which means - you’ve got to do your taxes, and you’ve got to do them right… … read full post
Best of Outright Weekly Round-Up: Return of User Questions Edition
This week, we’d like to welcome back the Outright Community Help Center! It was MIA for a while but now back better than ever. Sample a few posts below and feel free to poke around. Also, just how much of … read full post
Outright Road Trip: Etsy or Bust!
As we mentioned in a previous post, our last stop on our trip to the East Coast was the Etsy Headquarters! It was a very special visit for us, as so many of our customers are Etsy sellers who make … read full post
Touring the Eastern Seaboard with Outright
Our next stop for the Outright 1099-K MeetUp tour was the East Coast. We visited the Seacoast Sellers’ MeetUp first. The meeting was held in Portsmuth, right on the New Hampshire/Maine border. This was our first MeetUp after the 1099-ks … read full post
Best of Outright Weekly Round-Up: Overreaching Edition
Have you signed up for the latest Internet fad, Pinterest? If not, you may be missing out on some great opportunities. Also, could 2012 be the first and last we see of the 1099K? There’s some interesting developments that may … read full post
Received Form 1099-K? Here’s What to Do with It
By now most eCommerce sellers are familiar with the new tax form 1099-K. Most of us should even have the 1099-K in our hot little hands by now. But that begs the question – what exactly do we do with … read full post
Accounting for Crowd Funding: What You Need to Know Before Starting a Kickstarter Campaign
Crowd funding, through sites like Kickstarter, can seem like the easiest way to find money for unusual projects — like building two 10-story tall Tesla coils — as well as for more common projects that are just hard to finance, … read full post