Selling Online – Is It a Hobby or a Business?

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From HERE:

Are you doing business on the Internet? Selling on eBay? Promoting or advertising someone else’s products on your website or blog?

Online money-making opportunities are plentiful – from selling your old books via online auction to promoting products and services for online merchants, or becoming an online merchant yourself. But at what point does this mean you are in business yourself and, since you are making money online, what are your tax and regulatory obligations?

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