How to Protect Business Legally | Tax Implications Step by Step Guide
🚀 Understanding Taxes for E-Commerce Businesses | Avoid Penalties & Stay Compliant!
🔹 Learn about sales tax, income tax, self-employment tax, and payroll taxes
🔹 Important tax forms & deadlines to avoid penalties
📌 Timestamps:
00:00 – Introduction: Why tax compliance matters
01:00 – Business Structures & Tax Implications
02:45 – Reasons For Tax Compliance
04:20 – Sales Tax Explained (South Dakota v. Wayfair Case)
05:45 – Income Tax
07:18 – Self-Employment & Payroll Taxes (FICA, FUTA)
10:45 – Property Tax & VAT for International Sellers
12:08 – Filing Tax Forms & Key Deadlines
15:25 – Conclusion
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