Podcast · Episode 16
Built By Liquidation and Not Your Dad's CPA
Mark Tew of Not Your Dad's CPA does taxes for resellers and sold on Amazon FBA himself for about eight years. We went through the tax questions people sent in from the Facebook groups. We get into: -…
Zac Montgomery Oct 17, 2026 with Mark Tew 1 hr 7 min
Mark Tew of Not Your Dad's CPA does taxes for resellers and sold on Amazon FBA himself for about eight years. We went through the tax questions people sent in from the Facebook groups.
We get into:
- Why you don't need an LLC on day one, and when an S-Corp starts saving you money
- Resale certificate vs sales tax ID vs EIN
- Flea market cash sales and why you're still on the hook for sales tax
- A one-time yard sale vs running a flea market out of your front yard
- Cash vs accrual for inventory on truckloads, and writing off damaged returns
- Home office deduction, mileage, phone and internet
- Why donating inventory doesn't get you a write-off on the retail value
- Moving profit out of the business and into real estate
- Writing off travel, and quarterly estimated taxes
- 1099 contractors vs W-2 employees
Find Mark: notyourdadcpa.com Built By Liquidation: builtbyliquidation.com
Free Starter Kit
Heard something worth trying? Start with the kit.
Ten vetted places to buy, the glossary the guests keep using, the eight traps, and a calculator that tells you what to pay. Free, for your email.