Guest guest Posted April 27, 2004 Report Share Posted April 27, 2004 Hi ! If I'm remembering correctly you don't need a Fed ID # unless you plan on having employees, or if you make over a certain $ amount per year. Check with your city hall about filing for a DBA. I believe you can register your business as " vendor only. " A separate business checking account it a good idea, but not a necessity. When you go to file for a DBA, they should be able to point you in the right direction as far as other forms to fill out for taxes, etc. I know that wasn't much help, but hopefully it'll give you an idea. Colleen Country Meadow Creations http://www.countrymeadowcreations.com Brown Bag Gourmet Goodies Consultant #1091 Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 27, 2004 Report Share Posted April 27, 2004 In a message dated 4/27/2004 6:54:13 PM Eastern Daylight Time, countrymeadowcreations@... writes: If I'm remembering correctly you don't need a Fed ID # unless you plan on having employees, or if you make over a certain $ amount per year. Check with your city hall about filing for a DBA. I believe you can register your business as " vendor only. " A separate business checking account it a good idea, but not a necessity ~~~~~~~~~~~~~~ That's all true as I remember it. Getting a tax license is easy and free, as well. Surprising for NY, eh? LOL Beth Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 27, 2004 Report Share Posted April 27, 2004 Hi , Here's a link to the NYS site. The 6th link down the page (DTF-17) is what you want to print off and mail in to apply for your sales tax #. http://www.tax.state.ny.us/Forms/sales_cur_forms.htm#Other%20Sales%20Tax%20Forms When I first started I went to my County Clerk and filed my DBA. You usually have to get the forms from a stationary store. I didn't know that but they sent me across the street to one that had them and I just filled them out and brought them back. I think it cost like $25 or something in Ontario County. After I had my business name I filled out the sales tax form and mailed that in. It didn't take very long to get it in the mail. You'll want to do it soon though because they'll probably want you to post your Tax Id in your booth. I think that's all you'll need to worry about to get started. Just make sure you file your state sales tax quarterly (unless you request to do it annually) and you'll be fine. It's good to have a separate business checking account but I don't think it's an absolute necessity in the beginning. Just keep good records. As far as a minimum dollar amount in sales to be exempt from charging and filing state sales tax, I'm clueless. from Creekside Soaps spoke on this subject at our last gathering so maybe she can help some. She's on this list but a pretty busy lady so I'm not sure if she'll see this or not. Hope this helps a little! Katy Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 27, 2004 Report Share Posted April 27, 2004 Ok, so that link didn't take you to the right place. After you click on it, then click on " other sales tax forms " . That'll jump you down the page and then click on DTF-17. Sorry about that! Katy Re: Official paperwork help request > Hi , > Here's a link to the NYS site. The 6th link down the page (DTF-17) is what > you want to print off and mail in to apply for your sales tax #. > > http://www.tax.state.ny.us/Forms/sales_cur_forms.htm#Other%20Sales%20Tax%20Forms > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 28, 2004 Report Share Posted April 28, 2004 Beware, though.....be sure to know the file date for Quarterly sales taxes because you HAVE to file even if you don't have any sales tax to report because they'll nail you a $50 fine for NOT filing $-00- owed. I happened to receive my Tax ID# ONE WEEK before the file date and and of course I didn't even have a sale yet. Well, about 2 months later I rec'd a bill in the mail for $50 for not filing. I called to complain and talked to a very rude woman. She " let me off the hook " for the $50 " just this once " according to her. How nice of them!! So be VERY careful. Re: Official paperwork help request Hi , Here's a link to the NYS site. The 6th link down the page (DTF-17) is what you want to print off and mail in to apply for your sales tax #. http://www.tax.state.ny.us/Forms/sales_cur_forms.htm#Other%20Sales%20Tax %20Forms When I first started I went to my County Clerk and filed my DBA. You usually have to get the forms from a stationary store. I didn't know that but they sent me across the street to one that had them and I just filled them out and brought them back. I think it cost like $25 or something in Ontario County. After I had my business name I filled out the sales tax form and mailed that in. It didn't take very long to get it in the mail. You'll want to do it soon though because they'll probably want you to post your Tax Id in your booth. I think that's all you'll need to worry about to get started. Just make sure you file your state sales tax quarterly (unless you request to do it annually) and you'll be fine. It's good to have a separate business checking account but I don't think it's an absolute necessity in the beginning. Just keep good records. As far as a minimum dollar amount in sales to be exempt from charging and filing state sales tax, I'm clueless. from Creekside Soaps spoke on this subject at our last gathering so maybe she can help some. She's on this list but a pretty busy lady so I'm not sure if she'll see this or not. Hope this helps a little! Katy Quote Link to comment Share on other sites More sharing options...
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