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.

Post from: Blisstree

Quilters, Tax Time Is Coming!

“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 not be able to use all of these.  However, take a look and begin thinking about those that could apply to you.  Kelly also offers excellent advice at her Taxgirl blog.

Post from: Blisstree

Tax Tips for Quilting, Fabric Art & Other Craft Businesses

*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 state.

*Do you collect sales tax if you visit another state to teach a workshop or give presentations and sell items while there?

These and other scenarios raise questions.

So….visit Kelly, the Taxgirl.  She has a great post about this topic, Ask the Taxgirl: Internet Sales.  Here Kelly will answer some of the questions you may have about the sales tax issue. 

Post from: Blisstree

Sales Tax & the Quilt Business Owner