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 E-Merchants Trade Council, Inc.

Simplifying Global E-commerce 

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NEWS

IRS Tax Calendar for Small Business 

Online Tax Calendar | Internal Revenue Service (irs.gov)

  • Tue, February 28, 2023 4:15 PM | Karen Kelly (Administrator)

    What are the shipping rates on Poshmark?

    The effective date for the increase is February 23, 2023 

  • Tue, February 28, 2023 4:07 PM | Karen Kelly (Administrator)

    Etsy, Inc. - Etsy, Inc. Reports Fourth Quarter and Full Year 2022 Results

    Transactions where the buyer or seller, or both parties were outside of the U.S. represented 45% of overall GMS;

    Sales down 4%;

    Etsy reports 5.4 million active sellers  

  • Tue, February 28, 2023 4:04 PM | Karen Kelly (Administrator)

    eBay Inc. Reports Better Than Expected Fourth Quarter 2022 Results

    eBay US sales were down 8.9%; Revenue down; Gross Market Value down.... 

  • Tue, February 28, 2023 9:46 AM | Karen Kelly (Administrator)

    BigCommerce is raising its fees by 34% a month beginning June 1, 2023. This matches the fee schedule for Shopify.

  • Tue, February 28, 2023 9:22 AM | Karen Kelly (Administrator)

    Starting on June 27, 2023, eBay will disclose the name (or company name) and physical address of sellers because the INFORM Act, part of the Omnibus passed in December 2022 requires it. eBay has been collecting and verifying identification and contact information for several months in preparation for this law. Non-compliance with this Act subjects the seller to civil penalties under the Federal Trade Commission (FTC). 

    The purpose of the bill, Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers (INFORM Consumers) Act, is to combat the online sale of stolen, counterfeit, and dangerous consumer products . The Act applies to "high volume sellers"  eBay will collect personal data if you sell 200+ items totaling $5k in annual sales.  Sellers who reach $20,000 annually will have their name and full address shown. Residence offices will show only state and country.  Data includes bank account, tax ID, phone and email addresses as well as name and physical address.  See Sen Durbin's press release below.

    If you will be impacted by this legislation contact EMTC and let us know your thoughts.  EMTC is the trade association for small and mid sized businesses in ecommerce. Use the form on our home page or email us 

    press release


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