Watch this video from "Not Your Dad's CPA", a reseller who is also a CPA. Short, accurate summary of what you need to know. I am not affiliated with the video in any way. Just thought he explains this pretty clearly:
That's a very good video. This guy has clearly been hearing from LOTS of confused online sellers, and has listened to their questions. I predict that the link to that video will be showing up on LOTS of threads!
