Irs Tax Advice For Direct Sellers

Transcript

  Direct Sellers Small Business/Self-EmployedDivisionJuly 27, 2011 The information contained in this presentation iscurrent as of the date it was presented.It should not be considered official guidance.  Today’s presentation willcover: ãWho is a direct sellerãBasic tax information  – Business income – Business expenses ãTravelãTransportationãMeals and entertainment ãIs this an activity engaged in for profit  Who is a Direct Seller ãSells in the home or other place  – not a permanent retail establishment ãSells on a deposit or commission basis orto other personsãDelivers and/or distributes newspapers orshopping guide  Direct Sellers ãCompensation from sales not hoursworkedãWritten contractãNot treated as employees for federal taxpurposes