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  1. #1
    Senior Member
    Join Date
    Nov 2004
    athens, ga

    tax tips for crafty business?

    i am not sure if this belongs in this forum, but how does everyone write up taxes for their crafty business? do you save all receipts and log hours spent sending orders? just wondering !! any tips would be helpful. thanks so much!

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  3. #2
    Junior Member
    Join Date
    Jan 2008
    When I did my taxes for my painting business, I saved all receipts! Tally up your miles driven in your car for everything related to your business - (it helps to buy one of those cheap mileage booklets at an office supply store). Keep track of purchases related to your business - including computer, software, books, classes, etc.

    If you don't make over a certain amount of money each year on selling your stuff, you don't need a tax number. You may want to look into it, though. You can then buy your raw materials tax-free. You then have to charge tax on your sales - not sure what stage you're in with your business.....


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