Hi everybody, okay, this is big. I have Nicole, yes, she is a licensed CPA and a Poshmark user. She is also a reseller, so we are going to be talking about bookkeeping, taxes, and reselling. All your questions, so my name is Karen, with the third people may know if you are interested in content like Poshmark and reselling, it would really appreciate if you subscribe to this channel. If you are returning, welcome back! If you haven't already, we have me and J have been working on putting together a Poshmark course to take your passport business up to the next level. If you haven't already, click on the first link in the description below and get on our email list. And we are going to be picking one winner every week to receive a course for free. Do it right now! C don't forget. Okay, so we're gonna talk about bookkeeping, taxes in general, and kind of debunk some of that funk you've been hearing about taxes and reselling. So I'm Nichola, tell us a little bit about yourself. So my name is Nicole coot, I live in Connecticut. I'm an auditor and an accountant, so at a CPA firm, we do small business accounting and accounting for high net worth individuals, and we audit companies and high net worth individuals. Nobody wants to get audited, I don't want to get audited, you don't want to get out of it. So you did give a presentation at Posh Best, yep, I was there and I got to see you, and it was very enlightening to many. So one very common misconception about resellers, and part-time resellers when they don't make a lot of income, maybe it's a side hustle, is that they don't need to report their income...