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  1. #1
    Senior Member
    Join Date
    Nov 2004
    Location
    athens, ga
    Posts
    172

    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
    Location
    IL
    Posts
    8
    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.....

  4. #3
    Senior Member
    Join Date
    Oct 2020
    Location
    California
    Posts
    176
    What are the challenges a business can face?

  5. #4
    Member
    Join Date
    Nov 2020
    Posts
    94
    I can identify several problems. This is the late payment of commercial contracts, invoices, and financial transactions. To combat this, you can use Brodmin.com. I highly recommend it.

  6. #5
    Junior Member
    Join Date
    Mar 2021
    Posts
    11
    It is very difficult to keep track of all these taxes, I always ask someone to help me. I even ask college essay writer to write my essay for college. They will definitely do many times better than I could. I always get an A + grade when I order college essays there and I have more free time. And about taxes, I prefer to contact a professional right away.
    Last edited by davidbaker123; 04-01-2021 at 04:24 PM.

  7. #6
    Member
    Join Date
    Apr 2021
    Posts
    40
    Interesting information

  8. #7
    Junior Member
    Join Date
    Apr 2021
    Posts
    18
    this is informative post thanks for sharing

  9. #8
    Junior Member
    Join Date
    May 2021
    Posts
    11
    What are the challenges a business can face?


 

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