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Old August 10th 06, 07:21 PM posted to rec.crafts.textiles.quilting
klh in VA
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Posts: 30
Default NAME HAS BEEN CHOSEN, thanks to all of you!!

On the other hand, if you have a tax number then you buy the materials
tax free and charge tax on what you sell.
If you pass the materials to the customer at your cost+tax and only
charge for labor, then perhaps you don't need it. and there is
paperwork, for sure!

all in all not so simple as it looks.
or nothing is ever as simple as it looks.
and if it is, you probably haven't read the whole form.

having a bus id and a tax number may entitle you to some fringe benefits
such as being able to get into places which only 'sell to the trade' for
decorator and designer stuffs. especially important when you start to
decorate your sewing room with new furniture after your initial profits :-)

klh [also also in va]


wrote:

off kilter quilter wrote:


snip


information that I needed about starting a business (including the fact
that I *do* need a business license, zoning certificate, register the
business name, and go through a virginia website to get info on sales
tax). WIll update more when things are more settled....I will probably
go ahead and get all the legalities taken care of in the near future,
but won't actually *start* until closer to the end of the year (have to
clean and straighten the sewing space up and get things off hte floor
and on the walls or wherever else they belong!!!)


---
Congrats for moving along. BTW, Larisa, if you are just selling your
services, not products, there is no sales tax added to services in Va..
Loads of hassle to fill out all tha tax paperwork, plus you have to pay
estimated sales tax--if I remember right, it's every 4 months in Va,
though I may be mis-quoting, I remember a four month statement. You can
probably check that online.
Cea (also in Va.)




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