Dave Monk Posted March 15, 2016 Report Posted March 15, 2016 I am new at this and in a short time I have become totally addicted. I cannot stop scrolling and we sure don't need any more stuff. I would like to figure out how to make a few bucks out of my stuff to support my habit. In our town they have a local farmers and craftsmans show every Saturday morning in the summer. They require a sales tax number. Sound like a pain for trying to sell a bit of work. Any suggestions would be appreciated. dave lawson56 1 Quote
amazingkevin Posted March 15, 2016 Report Posted March 15, 2016 I've gone thru that with a church my friend brought 5boxes of stuff but was told the same .So i had him return everything .All that came back was 3 boxes loosely filled .Always bells and whistle to run up upon. Quote
kywoodmaster Posted March 15, 2016 Report Posted March 15, 2016 Dave: Not sure where you are located but it usually isn't that hard to get a tax #. Fill out a couple of forms and file a quarterly report of taxes collected plus you can buy all your supplies tax free. That is an automatic savings on your cost. Quote
Lucky2 Posted March 15, 2016 Report Posted March 15, 2016 Dave, if you get a tax number and start selling your projects, then anything you spend on scrolling is tax deductible. There's not much work involved in getting a tax number, and it doesn't take much to keep them up to date. Len Quote
lawson56 Posted March 15, 2016 Report Posted March 15, 2016 Well here in Tenn,I have never been asked to get a tax #.I was asked in a few places to show proof of Ins,But most of the places I got to I just pay a booth fee. Quote
WayneMahler Posted March 15, 2016 Report Posted March 15, 2016 Tax #s are pretty easy to get in Pa. Name your company and send in the forms. You'll receive your tax ID # and have to pay your taxes to the state. In the beginning it is monthly, later it will change to quarterly but still send mine monthly. Your supplies etc are tax exempt but not things like blades. Only things used for selling, wood, backing materials etc. Blades they consider that a cost of operation, but you do get the write off. At the end of the year don't forget to claim your income. A lot of people I know don't have a tax id # and never have a problem. You can google your area for craft / vendor shows and fairs. Good luck and enjoy. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.