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Do you have to charge sales tax on the merchandise you sell in a home business?
Wiki User
∙ 15y ago
Whether you need to collect sales tax depends on where you and your customer is located. If your customers are in the same state as the physical location of your business, they owe sales tax on items.
If you are shipping merchandise to a state where your business does not have a location, you will not need to collect sales tax.
Wiki User
∙ 15y ago
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Do you charge taxes on your internet sales?
Only in your home state or in any state in which you are deemed to be "doing business', such as where you own a warehouse for fulfilling sales.
Can you take merchandise home from a business and sell it with no tax?
Most states do allow this, provided the merchandise you sell is under a certain dollar amount per year. The same rules apply for yardsales.
What type of software could one buy for an at home business to keep track of sales?
Business software such as Microsoft Office may be useful for a person or business looking to keep track of sales. Similarly, other software packages such as Accountz Business Basic could help a business, for example.
Do you charge sales tax on labor in OK?
Most of the time labor must be itemized separately for you not to be charged sales tax. In cases like where a contractor puts a new roof on a home for $8,000 then sales tax must be charged for the whole amount. If the invoice lists the bill of $4500 for materials and $3500 for labor to put on new shingles then sales tax would only be charged for the material and not for the labor. This is pretty much the law in just about every state.
When do you not pay sales tax?
Some states don't have a sales tax. Also, certain convenience stores, rest stops, and regular food stores don't always have a sales tax. As a general rule, whether you owe a sales tax will depend upon where you purchase an item at retail plus where you are a resident. If you pay tax in one state then it can be used as a credit for the use tax in your state of residence, if you take the merchandise back with you or have it delivered to your residence. Just because a retailer doesn't collect sales taxes at the same high rate as your home state does not provide you with any exemption from owing the use tax of your resident state. You do not pay a sales tax if the item is non-taxable or if your purchase is exempt, e.g., purchase for resale, purchase by a tax-exempt organization, etc.
Do you charge taxes on your internet sales?
Only in your home state or in any state in which you are deemed to be "doing business', such as where you own a warehouse for fulfilling sales.
How much do garden furniture benches cost?
I believe a garden bench can range from $50.00 - $199.00. Home Depot usually has great sales. I enjoy shopping at Home depot because of their service, sales and merchandise.
If you are starting a business out of your home do you need a business license?
The short answer: yes. If the physical address for your business is your home, you are officially operating your business from your home and you will need a business license. For example, if you operate a lawn maintenance business and store your equipment in a mini storage, you can't use the mini storage address for your business. Your business office would be at the house unless it is located somewhere else with an actual physical address, such as a rented office. Then that would be the business address, not your home. Online sales, however, is a bit of a gray area. The only solid info about online sales is you need to charge the going rate sales tax for any sales shipped within the state in which your business is located. (But even that is changing. With states being strapped for funds, legislatures are trying their best to tap those billions of internet sales for the taxes.) In some localities, and depending upon the type of business, you may also need a county, and possibly even a city, business license. For further information, please contact your state Department of Revenue.
What types of sales jobs can be performed at home?
There are a variety of sales jobs that can be performed at home. Some examples are Avon Sales, Pampered Chef and Tupperware Parties. A sales representative from any of these companies would have information on starting a home-based business.
What type of business license will you need to operate a business from your home?
As far as I know, the only license you will need is a business license. If you will be selling physical goods from the home (such as on eBay, through your own website or at flea markets, etc.), it is advisable to also obtain a resale permit (also called a tax permit or license). A resale permit allows you to purchase merchandise without being charged sales tax. When you sell the items, however, the state requires that you also charge your customer the sales tax for that amount and submit it to the state once every quarter. For more information about the requirements in your state or province, please contact your state/province Department of Revenue.
Can you take merchandise home from a business and sell it with no tax?
Most states do allow this, provided the merchandise you sell is under a certain dollar amount per year. The same rules apply for yardsales.
Will a 3.8 percent federal sales tax be imposed on home sales?
No federal sales tax is imposed on home sales at this time. If you sell your home and have a long term capital gain it would be possible that you would have some federal income tax to pay on the sale of your home or house or other business property.
Do you charge your customers sales tax for firewood in the state of Maine?
Firewood used for home heating is exempt from sales tax. However, if it is sold as camp firewood, you must collect the sales tax.
What type of software could one buy for an at home business to keep track of sales?
Business software such as Microsoft Office may be useful for a person or business looking to keep track of sales. Similarly, other software packages such as Accountz Business Basic could help a business, for example.
Looking to find out about this work at home business. I do have expierence in Travel trailer sales.?
Try out www.workathomecareers.com the seem good.
What are some good home business ideas?
Some of the top home business ideas include Web page development, Internet sales, application programming, product reviewer, makeup and home furnishing sales, tax preparation and contract bookkeeping. Any one of these can be done as a full time career or a part-time financial subsidy.
I can't pay my employees what can i do?
You might want to take a loan. If you business is a store or something that sells merchandise, consider raising prices slightly. If it is a small business, consider moving offices into a home office or at a friends place.
