Sew What’s Up Presents
The Sew What’s New Archive
This archived content is from Mary Wilkins’ sewing and
quilting message board “Sew What’s New,” which was
retired in August 2007. It is being provided by
“Sew What’s Up,”
which serves as the new home for many members of “Sew What’s New.”
From: BabsSewingRoom
Date: 07-14-2006, 01:09 PM (1 of 2)
|
I just found out that in my state I need to charge sales tax on embroidery work - what a bummer. " Section 1. Tax applies to charges for producing, fabricating, processing, printing, or imprinting tangible personal property for consumers who furnish either directly or indirectly, the materials used. " |
User: BabsSewingRoom
Member since: 04-10-2004 Total posts: 80 |
From: Sew-Enchanting
Date: 07-15-2006, 06:25 PM (2 of 2)
|
I've found an easy way to keep track of sales tax is to transfer it from my business checking to a separate ING account (you can make subaccounts there). Then I know exactly how much I have to send to Dear Mr. Governor every quarter - I just don't add the (tiny) interest it earns into my Quicken account for business until after the quarter (and then I usually transfer it over to a different ING subaccount right away). Did that make any sense? Anyway - it works for me. It's a good paper trail, too. 
Kris
|
User: Sew-Enchanting
Member since: 12-28-2005 Total posts: 53 
|
Visit Sew What’s Up for the latest sewing and quilting tips and discussions.
This page was originally located on Sew What’s New (www.sew-whats-new.com) at http://www.sew-whats-new.com/vb/archive/index.php/t-19625.html
Sew What’s Up is hosted by ZenSoft