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Video instructions and help with filling out and completing Which Form 5495 Payments

Instructions and Help about Which Form 5495 Payments

P>In this video, I'm going to teach you what your tax obligations are as a drop shipper, how to collect the right amount of sales tax, and how to file your sales tax returns. Surprisingly, it is one of the questions that we get asked the most here at House Outed, which I guess isn't that surprising given how little information is available out there on the internet for it. And while this topic may not be the most exciting (I should know, I'm pretty tired today and having to make this video about this topic, and it's been quite challenging), the reality is that it's very important for you as an online seller to get it right. Now, when you listen to this video at the start, it's going to sound like it's quite hard and challenging to collect the right amount of sales tax and to pay it. But keep listening because I'm going to share with you an incredible tool that's going to make the process super simple, even if you are a newbie. And it doesn't matter if you're drop shipping on .com or with Aliexpress, in a Walmart store, or in a Shopify store because I'm going to explain all three of these. So let's jump straight into the video. Now, on a previous video, I stated that I am NOT a qualified accountant, and you should never use the advice that I'm giving you here in place of a qualified accountant. Every business owner should have an accountant, no matter what business you are running. You really should have one. I also want to preface this video with the fact that this is only talking about collecting sales tax in the USA because drop shipping within the USA is something that we teach here at Wholesale...