Plain-language notes on U.S. tax deadlines, IRS letters, cross-border reporting and running a small business, written by the CPAs who handle these questions every day.
China isn't on Faire's list of supported countries, but brands elsewhere can apply: 25% commission on first orders and 15% on reorders, USD payouts to a U.S. bank account, self-shipping and a W-8. The brand exports and the retailer usually imports and pays duty. Long-term sellers usually set up a U.S. subsidiary.
Read article
Moving from selling to consumers on Etsy to wholesaling to shops on Faire changes revenue, margins, inventory and cash timing. Unify the entity and W-9, re-price at wholesale, count inventory, treat sales tax as a resale question, reconcile two 1099-Ks, and look at an S corporation once profit grows.
Read article
Faire's 60-day terms are for retailers; brands get paid on the schedule they choose, at 3.5%, 2.4% or 1.9% plus $0.30 per order for North American brands. Book revenue at gross wholesale value with fees separate; the 1099-K counts orders shipped and paid out in the year, including shipping.
Read article
Faire is registered as a marketplace facilitator in 45 states and DC, collecting resale certificates from retailers, reporting platform sales and charging tax to business-use buyers. Brands don't collect certificates on Faire orders, but off-platform wholesale, inventory states and gross receipts taxes stay with them.
Read articleYour situation
Every file is different. Book a free 15-minute consultation and a CPA will walk you through yours.
Articles are general information, not tax or legal advice for your specific situation.
