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You get this at your county court house. They will ask "How much money do you think you'll make?" This is how they determine how much to charge you. It's best to reply that you don't know for sure since it's a new business - and tell them "maybe four or five hundred a month." If you say a big amount of money the fee will be big. After you get the Tax number, it doesn't matter how much you make. -- This would be a county or municipality business license.
A resale tax id is needed for states that have a sales tax on the purchase of products. All but five states (Alaska, Delaware, Montana, New Hampshire, and Oregon) have sales tax. The easiest way to find out how to apply in the state you are in is by going to the state's web site and then to their revenue department. You can find state web sites on the web site . Once you are on the state's revenue department website you will be looking for information about sales or use tax. If you can't find this information call the revenue department and they will be glad to help you since this means income for the state. Vendors who are requiring you provide a resale id are going to want you to put the number on a resale exemption certificate which you can find at the same site at. This allows the vendor to sell you their product without them charging you sales tax.
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What is resale license?
It is a license about $50 dollars so you don't have to pay tax on wholesale or bulk items! You can find the license at your state tax office and maybe county tax office!
When Your Business Is Required to Pay Sales Tax?
There are two specific mechanisms which permit non-payment of sales tax by a business: exemption and resale. If a business is a non-profit, charity, or religiously-affiliated concern, it may qualify for sales tax exemption status. The states vary in their statutes regarding exemption qualifications. Many purchases demand the imposition of business to business sales tax. The only items subject to resale status are those which become components of the product being resold. For example, if a clock manufacturer purchases paper on which to print in-house created brochures about its clocks, that paper is taxable. But the same paper purchased by a printer to manufacture brochures which it sells to its customer is not taxable, by virtue of its resale status.
What is resale?
Resale is when you sell any item for a second time. Example: If you purchased items as bulk or a piece, and then sell them again (bulk or piece by piece), that's resale.
Can you use your tax id with another business?
Yes, if the other business is NOT another entity. Basically it becomes a division of the first.
What is another name for consignment shop?
resale shop
What is the tax treatment of bartering exchange?
Technicaly if you exchange something with X resale value for something with X + 1 resale value. Then you are required to pay tax on the 1.
Should you use your tax ID or the estate tax ID when selling the house?
Should you use your personal tax ID or the estate tax ID when selling the house of a decendant?
State Tax ID?
A state tax ID is a number that is required by businesses who hire employees or pay taxes. A business much register with the state to obtain a state tax ID. A state tax ID is also known as a state employer tax ID number, a state employer ID or an EIN.
How many digits in a tax id?
there are nine digits in a tax id number
What is a resale certificate?
A resale certificate is for retail stores that must collect and pay sales tax. So that sales tax is not collected twice on the same item, the retailer submits a certificate to their wholesaler so that sales tax is only charged to the end consumer.
Can someone get a tax id for there business without a personal tax id?
Yes, at IRS.gov
How many digits in tax Id numbers?
there are nine digits in a tax id number
What is the difference between EIN tax id and federal tax id?
They are the same thing.
How many digits in a tax id number?
there are nine digits in a tax id number
Kroger employee id number for tax purposes?
state tax id number
What is the tax id number for northern Virginia community college?
There are several tax id numbers for Northern Virginia Community College. The tax id for their Educational Foundation in Annandale, Virginia is 510249730. The tax id for their Charitable Foundation is 510249730.
What is the Hertz's tax id number?
Hertz's IRS employer id. Number (federal tax id) is 13-1938568
