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payment processor taxs?

Discussion in 'Business & Tax Advice' started by j hustle, Mar 31, 2012.

  1. j hustle

    j hustle Newbie

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    hey guys i was wondering if i used plimus, swreg or 2co how does the tax work for it do i file tax on the yearly income with them or what? thanks for reply!
     
  2. EmpireQuality

    EmpireQuality Elite Member

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    yes, if you are a seller then you are obviously going to have to pay tax on all your sales, unless of course you know how to bypass the scam that we call taxes :)

    at the end of the year, they might send you paperwork with all of your sales or you might have to provide the information by yourself.