Opening an Etsy shop to sell your handmade crafts for money can be very exciting, but there’s a lot you should know before starting a small online business…
Etsy Hikes Transaction Fee to 6.5% for Sellers | Cost of Doing Business on the Rise
Etsy announces changes for 2022 – as of April 11, the transaction fee will increase from the current 5% to 6.5% for sellers.
New IRS $600 Reporting Rule | More Taxes on Small Business & Side Hustles?
No, the actual IRS tax law has not changed, only the IRS reporting requirements for online payment platforms.
Selling on Etsy in 2022: What You NEED to Know About IRS Tax Change
With millions of crafters running small businesses on handmade online marketplace Etsy, many in the U.S. could be affected by an IRS change in reporting income.