Taxes – ARCH-USA

Insider Ties Ep. 136: Reselling Shoes and Taxes | Video

Chris Burns6 years ago5 years ago02 mins

Originally posted on 1/20/2019 Updated 1/28/2020 This is a quick video that discusses the reality of selling shoes and the 1099-K that you will receive from PayPal (eBay or StockX), Amazon or any resale platform that you sell on once you hit $10,000 in gross sales. Why is this important? A lot of people are…

Louisville Has To Pay Taxes on adidas Gear Given To Staff?

Chris Burns8 years ago8 years ago03 mins

The university owes almost $100,000 to the Internal Revenue Service after an audit found it wasn’t paying taxes on Adidas freebies given to staffers. Source: U of L To Pay Back Taxes On Adidas Swag, Club Memberships According to this report from 89.3 WFPL the University of Louisville has to consider adidas apparel given to…

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