Hi have a blog and wanted to launch a store on the website. I would be selling baseball cards.
Some of the cards I own but I also want to entertain the ability to sell on consignment.
One person I might be dealing with has some high priced items, but I would not take inventory. He would ship the items.
I'm just trying to plan it out in order to make sure I don't overlook anything.
I live in Massachusetts. How would I handle any sales on my site (likely via Shopify). Do I need to charg sales tax to Mass residents?
I believe Shopify issues a 1099 on any credit card transactions--so how do i handle that for my tax purposes, since I would only be earning a small amount of the proceeds of the sale?
Do i need to issue anything to the consignor?
Thanks!
