Ebay Tax Reporting: What Resellers Need To Know Taxes. Nobody loves the topic (ok, some people do - I'm not one of those people), but taxes are important to anyone who wants to earn an income. Doing taxes as a small business can be a very daunting task when starting out. It's one of the top road blocks that actually keeps people from getting started in this flipping business. But it shouldn't. Once you have a basic understanding of the requirements, doing taxes as a reseller is not that scary. Since we are not tax experts, we interviewed one to