December 19, 2012
Occasionally, I write about tax topics for other sites. Below is a preview of an article I wrote for Altitude Summit‘s blog.
If you sell products, you are required to collect sales tax and remit them to your state.
Sounds simple, no?
But which sales require sales tax? What if you sell in multiple states? Does it change if you visit another state to sell goods at a craft fair or art show? How frequently do you send in the tax you’ve collected?
Every state is different, so be sure to consider your unique personal situation!
Read the full article here.
Posted in Concerns for all Taxpayers, Concerns for Bloggers, Concerns for Business Owners, Concerns for Retailers, Sales Taxes
July 11, 2012
Resources:
Why YOU Should Care:
If you are selling your products at a fair or show, be sure you consider all available deductions. Additionally, you need to be aware of certain sales tax considerations.
Continue reading “Craft and Art Fairs – Considerations for Merchants”
Posted in Concerns for all Taxpayers, Concerns for Business Owners, Concerns for Retailers, Mileage Deductions, Sales at Craft Fairs, Sales Taxes | Tagged art, craft, fair, show, trade |
June 17, 2012
Occasionally, I write about tax topics for other business sites. Below is a preview of an article written for ByAimee.
The most common questions I receive from online merchants pertain to sales tax collection and business deductions.
Sales Tax
Offline, sales tax are collected whenever physical property is exchanged. This amount is determined by the jurisdiction in which you do business. There is a misconception that online sales are free of sales tax. This is not completely accurate.
Business Deductions
Business owners are generally allowed deductions for ordinary and necessary expenses. This includes items like advertising, supplies, and utilities. Online business owners may be able to deduct fees associated with eCommerce or allocate other expenses between personal and business use.
Read the full article at ByAimee.
Posted in Concerns for all Taxpayers, Concerns for Bloggers, Concerns for Retailers, Online Sales, Sales Taxes | Tagged ecommerce, Etsy, guest post, online, sales tax |
