nitro Posted July 24, 2008 Share Posted July 24, 2008 Does a person need a buissness liecense to sale knifes online? Just came up when talking to my mom. Eric Knight Quote Link to comment Share on other sites More sharing options...
oakwoodforge Posted July 24, 2008 Share Posted July 24, 2008 Nope , just an E-bay account Jens Quote Link to comment Share on other sites More sharing options...
son_of_bluegrass Posted July 25, 2008 Share Posted July 25, 2008 But if you sell to someone within your state the state will want you to collect and remit sales tax. That will require a state license for sales tax. And the feds (and state if applicable) will want it reported as income for collecting income tax; if you don't make enough money, this is often not worth the effort for them to try to track down everybody so if it is a few hundred a year or less you may get away with it. And some states will require a license regardless (and will charge a fee for it). Some states put a lot of information on a website. ron Quote Link to comment Share on other sites More sharing options...
Finnr Posted July 25, 2008 Share Posted July 25, 2008 in Wisconsin if you sell less than a thousand dollars retail in a year it is considered occasional sales and no tax need be collected or reported. Uncle Sam on the other hand may get cranky if you neglect to tell him. Finnr Quote Link to comment Share on other sites More sharing options...
Rich Hale Posted July 25, 2008 Share Posted July 25, 2008 If your folks use an accountant for their taxes that person can likely give you the answer for your state and city. Quote Link to comment Share on other sites More sharing options...
ThomasPowers Posted July 25, 2008 Share Posted July 25, 2008 If you live in NM they want their gross receipts tax money pretty much on every sale! I do most my sales through our club that takes a cut and deals with the tax out of that; far cheaper than a gallary or consignement place! Quote Link to comment Share on other sites More sharing options...
nitro Posted July 26, 2008 Author Share Posted July 26, 2008 this gives me a lot of insite thanks for all your help. Eric Knight Quote Link to comment Share on other sites More sharing options...
Bentiron1946 Posted July 27, 2008 Share Posted July 27, 2008 Nice work. I thought about doing some online sales and craft fairs but by the time I got through looking into it there were more troubles then navy beans. I had to get a permit to operate a business out of the house from the county, cottage industry you know, a state sales tax number to purchase material at lower rates and not pay sales tax. I had to collect that from customers. I then had to set up an account with the Dept. of Economic Security so I could pay Workman's comp insurance if I got injured on the job. Then if I made sales at any of the local craft fairs I needed city tax numbers from each city. One of my problems was they all wanted the estimated first quarter sales tax up front. I told them I had no idea so they gave me one, $100, OUCH! That was from the four closest cities and the state. That would be required each quarter weather I made sales or not to keep me honest. I decided that Arizona was not the place to be an entrepreneur just to much manure. I guess that I just hate dealing with bureaucrats to much to make it in this market place. :cool: Quote Link to comment Share on other sites More sharing options...
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