taxes

Hey guys. I’m really interested in a bass that’s currently located in Belgium. I live in the US. I’ve never ordered a bass from Europe, but I’m aware there are extra taxes/duties you have to pay. This bass isn’t cheap, it’s just over 7 grand. If the tax is too high, I might not be able to swing...

Don't know if anyone else was lucky enough to receive a 1099-K from Reverb or eBay for 2024, but if you do, and you intend to use TurboTax, please note there appears to be some issue with TurboTax where it gets hung up on the 1099-K entry, specifically under the selling "personal items"...

A question to professional musicians: Is it a thing to buy a bass and then sell it for tax reasons? I live in Germany. On a german bass forum with classifieds someone is selling a Gibson Gene Simmons custom shop which costs well north of 5000€ and that he bought new recently. How? Why? What? I...

If you are looking to sell stuff between now and the end of the year you just caught a break if you’re using PayPal or any other payment apps for good & services: IRS delays rule change for people who get paid on Venmo, Etsy, Airbnb and other apps | CNN Business IRS announces delay for...