The end of 2007 is approaching faster than most of us would like to think about.  Some of us don’t have any quilting/fabric art related items to declare on our taxes.  Others operate  quilting ventures as a business.  Either way… that means we must consider wrapping things up taxwise.
Kelly, at b5media’s Taxgirl, will be answering year end tax questions about charitable donations, individual tax planning or reporting.  For submitting your question, Ask the Taxgirl.
You also may want to visit Kelly’s Taxgirl blog at the b5media Business Channel for tax questions in general.

Businesses often wonder what they can legally deduct as an expense on their taxes.  Some small business owners are completely unaware of many of the deductions. 
“What can businesses deduct?” Kelly Phillips Erb, from Taxgirl, says is one of the most frequent inquiries she receives.
Kelly has answered this in a guest post at Problogger, 46 Tax Deductions that Bloggers Often Overlook.  Even though this post is directed at bloggers (one type of home business), most of the deductions are applicable for any small business…whether you’re operating solely on the Internet, utilizing a walk-in shop, or combining the two.
Your business may have added deductions…or may …read more

Whether you collect sales tax for mail order and Internet sales or in a quilt shop, you may find yourself in a quandry at times. 
*What if you live in a no tax state but sell to customers in a state where there is a sales tax?
*What if you have a sales tax in your state and sell to someone in another sales tax state?
*What happens when you and your customer both live in the same state that has a sales tax?  Sometimes, too, sales tax will vary from town to town, city to city, county to county within the same …read more