Sales Tax

//Tag: Sales Tax

What Is a Reseller License?

If you’re starting a retail business (whether online or at a brick and mortar location), you’ll want to apply for a reseller license. A reseller license certifies you don’t have to pay sales tax when buying products on a wholesale basis for the purpose of reselling them to customers.

In some states, a reseller license might alternately be called a reseller permit, resale license, resale certificate, sales tax permit, or some other term. Regardless of its name, its purpose is to identify your company as a reseller.

Reseller License and Sales Tax

In the United […]

2019-09-03T05:40:45-07:00August 22nd, 2018|Categories: Ongoing Management and Protection|Tags: |

Do I Need a Business License to Sell on Amazon?

Entrepreneurs who want to sell their products through Amazon’s marketplace face many of the same opportunities and challenges as brick-and-mortar stores. Naturally, they have a lot of questions about launching and running an online business. It’s exciting to think of the possibilities but often daunting to figure out where to start, what to do, and where to turn for help and direction.

One of the things these business owners want to know is, “Do I need a business license to sell on Amazon?”

Regardless of whether an Amazon seller has formed an LLC […]

2019-09-03T05:40:48-07:00July 26th, 2018|Categories: Ongoing Management and Protection|Tags: , , |

Internet Sales Tax Rules for Small Business

Whether you’re just starting your e-commerce business or adding an e-commerce store to your existing brick-and-mortar, it’s crucial to fully understand internet sales tax rules.

In the United States, sellers are only required to collect sales tax from buyers in states where they have “sales tax nexus” or a significant presence in a state. You always have sales tax nexus in a state if it is your home state and/or if you have an office, store, warehouse, sales representative, or employee located in that state. The government also considers you have nexus if you […]

2019-09-03T05:41:33-07:00January 23rd, 2018|Categories: Ongoing Management and Protection|Tags: |

How to Sell a Product Online: A Checklist for Success

If you’re wondering how to sell a product online, you will soon see that the world is your marketplace. Online shopping is now the preferred way to go for many consumers. For instance, 67% of millennials and 56% of GenXers prefer online shopping to in-store shopping, and even a significant number of older individuals buy online.

Whether you want to combine online selling with a bricks-and-mortar operation or sell exclusively online, be sure you address all the important issues for success. The following is a checklist of the issues […]

2019-09-03T05:41:40-07:00November 25th, 2017|Categories: Growth and Expansion|Tags: , , |

Back to School and Back to Business: Legal Checklist for Entrepreneurs

This time of year is a rite of passage for any student and parent, but it also signals that we’ve entered the home stretch of the year. We want to make sure that small businesses end the year with success! That’s why we put together a back-to-school legal checklist for entrepreneurs. Instead of hitting the books this fall, small business owners should take the time to make sure their legal and administrative obligations are in order.

The Legal Checklist for Entrepreneurs

1. Incorporate or Change your Business Structure

Many small businesses start out as a […]

2019-09-03T05:41:48-07:00August 23rd, 2017|Categories: Ongoing Management and Protection|Tags: , |

Business Compliance: How To Stay In Good Standing

What Is Business Compliance?

While definitely not the most glamorous aspect of running a business, complying with applicable rules and regulations is a must. Business compliance (known as “corporate compliance” for incorporated businesses) is critical for keeping your company in good standing with your state.

The specifics of what you need to pay attention to depend on the legal structure of your company and where you’re registered to operate your business. The compliance requirements Limited Liability Companies (LLCs) and corporations have to meet can vary from state to state (and sometimes even […]

2019-09-03T05:41:49-07:00July 26th, 2017|Categories: Ongoing Management and Protection|Tags: , , |

How to Incorporate in 6 Easy Steps

There’s little you can do that’s more important than to protect your business by incorporating it. But so many entrepreneurs think the process of incorporating a business is complicated and so never bother with it. Nothing could be further from the truth. Here are six simple steps to help you incorporate.

2019-09-03T05:45:39-07:00March 25th, 2015|Categories: Startup and Launch|Tags: , |