Anyone running a wholesale or retail business must deal with legal and tax issues, and those who sell on eBay are no exception. Yet many eBay sellers remain ignorant of the consequences they may face if they disregard certain basic rules. Packed with stories of actual eBay sellers, this helpful guide takes readers through the most common eBay transactions, pointing out all the legal and tax issues they may encounter along the way. Readers will get practical advice on: Whether their eBay selling qualifies as a "business" Illegal practices to avoid What taxes must be paid and what they can and can’t deduct Spelling out a refund and return policy Knowing when a bid becomes legally binding Resolving seller-buyer disputes Protecting themselves when buying inventory and hiring employees Trademarking a business name and web address Customs, duties, and other considerations when selling...