SPORTS CARDS - 1099K Form and TAXES - WHAT YOU NEED TO KNOW

In this video, we dive deep into the major changes announced regarding 1099k forms, the 1099k lowering threshold delay, why 1099k forms are not scary, what they are used for, and how you need to be keeping track of your expenses in order to legally lower your taxable income from your sports card business.

**I am not an accountant or CPA. I am a licensed drug dealer. Talk to a professional and don't sue me bro**

****Welcome to my channel SHORTSLABS****
Here my mission is to:
-Catalog the best graded card orders on Youtube
-Provide the most accurate hobby insight, market analysis, and commentary on the sports card market trends
-Enjoy this wonderful hobby with the rest of the "clecting" community!


About me:
-Full time pharmacists by day
-25 year hobby veteran by night
-Flipper for the past 20+ years
-eBay veteran for over 20+ years!


Be sure to check out more videos like the one above:
   / @tylershort  


FOLLOW SHORTSLABS
IG: @shortslabs   / shortslabs  


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Want to see my craziest order mailday?
   • Episode 24: Largest MAIL-DAY EVER! $3...  


Quick view of my PC:
   • Episode 12: Do I Have a PC? $20,000 B...  


Graded orders I wish I had back:
   • Episode 7: December 2018 PSA 65 Day B...  
   • Episode 8: PATRICK MAHOMES NATIONAL T...  


#sportscards #sportscardshow #sportscardinvesting #gradingsportscards #flippingsportscards #psa #bgs #sgc #hga #garyvee #sportscardcollector