Selling Stuff Online
"I'm selling on Etsy/eBay. What am I on the hook for?"
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"I'm selling on Etsy/eBay. What am I on the hook for?"
Selling online combines tax reporting, sales rules, and honest-advertising laws.
When you sell online, three different rulebooks meet. The IRS wants to know about your income (and the platform tells them via 1099-K). The UCC governs the actual sales contract — what counts as a binding offer, what 'as-is' really means, and what happens if the buyer never pays.
The FTC handles how you describe what you're selling: photos, claims, reviews, and even the word 'free' have rules attached. Get those three right and you're running a real little business.
A sale is binding even without a formal contract — if both sides act like there's a deal.