Handling Sales Taxes at Flea Markets and Craft Shows

As Crafter, you May not be the most business-minded person in the world. However, if you succeed in the world of craft fairs and festivals, you have to think like business people! One of the ways in which it is learning about the tax before you click the event. Here are things you need to know about handling tax on fairs and festivals.

1 You have to pay! Whether you pay taxes on the show or later, when the file your state taxes, you must pay taxes on what they do. It is actually illegal to not pay state taxes! From a business perspective, paying this extra money can actually make sense. This allows you to justify their business and use the proceeds from it when you are looking for a mortgage, car loan, or similar items.

2 It is different in different countries. You probably already know that different countries have different tax rates. Before you travel in the state, you need to know not only what its tax rates, but also how and when to pay sales tax. In Illinois, for example, you must register with the state before they can sell at a fair or festival. You may have to pay taxes when you're actually in the festival, and sometimes the state will send a representative to collect the money at the end of each day.

It will be like this with all countries, though, so make sure you know the rules and regulations of both the state and country you live in. If you sell you're going to be traveling a lot during the fair and festival season , it can be a good idea to do all this research ahead of time, so you're ready.

States - where you will do business

States without taxes: Delaware, Montana, New Hampshire, Oregon
States without tax, but some municipalities to levy taxes Alaska
States, which throughout the state sales tax: Connecticut, Idaho, Indiana, Kentucky, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Jersey, Rhode Island, Virginia , Washington, West Virginia
States, which throughout the state sales tax, and county taxes . Florida, Hawaii *, Nevada, North Carolina, Ohio, Wisconsin, Wyoming
States with a state-wide taxes, as well as county and municipal taxes: Alabama, Arizona, Arkansas, California, Colorado, Georgia, Illinois, Iowa, Kansas, Louisiana, Minnesota , Missouri, Nebraska, New Mexico, New York, North Dakota, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont.

* Hawaii has no sales tax. Instead, we have a general excise tax which is assessed on all business activities

3 Decide whether you want the character to or not. Sometimes at the festival when you're processing a lot of orders quickly, it is easier to tax already figured into their prices. It is, however, require you to set the price tag a bit higher. If you are afraid that they will be buyers off, the price of the item for what you do with them. To figure the tax quickly, keep handy chart of taxes you must add each item to its price.