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Question for the Etsy sellers

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02/09/2012 at 06:09 am

Hi ladies! :)

I've been seriously considering opening up a shop on Etsy. I'm in the deep research stages at the moment. I think the main thing I would like to know from actual sellers is how the financial side works for you. It seems pretty simple, but I'm concerned that it's going to become an issue at tax time. How do you handle all of that? Do any of you use the software site they suggest? Thanks in advance for any help/advice you can offer!

04/03/2012 at 03:36 pm

The financial part isn't too hard you just have to remember to save any reciepts for expenses and paypal sends you an invoice at the end of the year with all your transactions so you can file them with your taxes. It doesn't make the taxes that much more difficult just an extra form or two to fill out. :)

05/02/2012 at 03:04 am

This is great information!! I was thinking of getting one started for our volunteer team.  Thanks!!!

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