In this episode of Ready to Resell, Leah and Kayla tackle the "unsexy" but essential topic of taxes for online resellers. They break down two major tax changes that could significantly impact your reselling business: Part 1: The new Texas law (effective October 1, 2025) that charges sales tax on marketplace commissions. Learn how this affects sellers on platforms like Poshmark, eBay, Etsy, and Amazon—and why other states may soon follow. Part 2: The IRS is dropping the 1099-K reporting threshold to just $600 in gross payments for 2026 (down from $20,000 in previous years). Discover what this means for side hustlers, hobby sellers, and full-time resellers alike. Leah and Kayla explain real-world examples, discuss how to track expenses, and offer practical advice on preparing for these changes. Whether you're selling luxury items or clearing out your kids' closets, this episode helps you understand what forms you'll receive and how to protect yourself. Important: Leah and Kayla are not tax professionals—they're small business owners sharing what's affecting them. Always consult a qualified tax advisor for specific guidance. Perfect for resellers at any level who want to stay informed and avoid being blindsided by tax changes.   Happy Reselling! ☺️ Become a Reselling Pro with Binin, the reseller Inventory app - 30 day FREE trial  - www.Bininapp.com   Reseller Hub and Buy Bulk Inventory - www.readytoresell.com ~ Use code PODCAST to get $15 your first order and $5 Shipping! Check out our new Ebay Live Shows - https://www.ebay.com/ebaylive/sellers/IuD96QdtReO New to Poshmark? Sign up now with my code READYTORESELL to save $10 on your first order. Download Poshmark Now - https://posh.mk/ZRTa2YmNaRb New To Whatnot? Sign up now to save $15 on your first order! https://whatnot.com/invite/readytoresell Want to start selling on Whatnot? Sign up here to get a faster referral to become a seller! https://whatnot.com/invite/seller/readytoresell New to Mercari? Get up to $20 when you get started. Use code AXNDUB when you sign up with my link: https://merc.li/a3dDcqTJb #ReadytoResell #Poshmark #Ebay #Mercari #Facebook #Whatnot #ResellingLife #InventoryManagement #Binin #reseller #momtrepreneur