business...and Tax Ids....

[Guest guest]

Just another point to clarify this...

there are two type of NYS tax IDs:

Temporary and Permanent.

If you get a new one in the mail each year....you have a temporary

certificate.

This is the kind I first got when I was doing craft shows. It's a a kind of

vendor certificate....meaning that you don't actually have a storefront, but

sell and shows.

A few years ago I cancelled that one and got the Permanent Certificate...at

the advice of the Tax Man in Albany...because most of our business is

internet sales.

My permanent number starts with a TF....and I don't get a new one each year.

It's good as long as we're in business.

The REAL difference for most of us is:

with a permanent ID you can get a 'blanket' resale certificate that excuses

you from sales tax when you buy something for resale in your business.....I

have one on file for the place I purchase lye, and because it's a blanket

certificate....I don't need to give them one each time I buy.

With a temporary ID you need to complete a resale certificate EACH TIME you

purchase something for resale. (like our soap dishes :-)) I know it's a pain

in the 'neck'...but I like to stay straight with the tax man.

Some of you know this because I've sent you the form to complete.....just

giving the number is not really good enough.

I'm supposed to have that form on file!

Sorry if this is lengthy... but hope it helps.

Creekside Soaps