10 Ways Small Business Owners Get In Trouble With The IRS

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Buyers do not incur charges after they use PayPal, however as a seller you’ll be footing the bill. The present price is 2.9% plus30 per transaction, with higher charges for worldwide sales and discounted rates for retailers and non-profits. If this seems excessive to you, remember that all of the shops we shop at pay to process the credit cards we love to use. This is part of the price of running a retail business and you’ll must account for it as an expense and when calculating your per-item revenue.

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