I apologize that this is short and not thorough. I'm short on time, preparing for a show next week.
Anyway----New for 2018-
Different tax rates and brackets.
Increase in standard deduction, such as from $12,000 for MFJ to $24,000, and eliminating th
Read more…I was reading news that the new tax proposed this week will eliminate itemized deduction ? is that true for self-employee too ?
Does that mean self-employee have to use the fixed amount deduction in the future ? which is usually only a few thousand
Read more…I'm wondering about tax deductions for traveling artists. I must relocate in the summer, like many of us, when the heat dries up FL shows. I spend two months in the Jersey area participating in local shows. I'm wondering how much of those expenses ar
Read more…I contacted the Winter Park show, which I will be doing in two weeks. They don't seem to be able to tell me if I have to file for a Tax ID # in Florida or if I can just fill out a one time tax form after the show. My wife is very analytical and thi
Read more…Great news from Rhode Island.
As of December 1, 2013, The State of RI has eliminated the 7% sales tax for original works and limited signed reproductions for artists & photographers.
This also extends to craftspeople, writers, musicians, dancers & s
Read more…Hi all!
We are doing our very first show ever at Lubbock and are told we need to obtain a sales tax license. Rather than search around 10,000 random sites, anyone have any info on how to do this? Also, we were wondering how the booths are set up (w
Read more…I got accepted to St. James this year, and its my first "away" festival. Up until now I've only done shows in Ohio, so I'm sure what the best way to go about finding the tax information would be. Such as do I need a transient vendor license, if so wh
Read more…We just had a discussion last week while at an art fair with a very well known ceramic artist. He was bemoaning the amount of taxes he had to pay this year. Jim asked, "How much did you contribute to your retirement accounts?" His reply was, "I do no
Read more…I just met with my accountant today and this came up. Does anyone know what the rule is on this? My accountant seemed to think that as the artist I can only deduct what it cost to make the item but since I am already deducting the cost of supplies th
Read more…So! Anyone else brave/foolish/honest enough to fill out income tax forms for all the states in which you earned income? This is the first year I am attempting to do so, and to be honest, I am not sure I'll finish. What a major PITA!!! So far two
Read more…is anyone doing craftsmorristown in march, seems like it costs $125.00 to register to sell craft and collect sales tax....even if you do only one show a year??? i dont understand the fee...is it in case you dont pay the sales tax??
Read more…I am considering a couple of Wisconsin shows this year, but I don't want to apply for a tax ID unless I get into one of them. Is there enough time to apply for an ID in between the time that I have been accepted to a show and the show date?
Thanks,
Read more…Hi,
I live in Pittsburgh, Pa and I do most of my shows in PA and OH and have sales tax # in both those states. I file quarterly in Pa and 2x a year in OH. I am now wanting to apply to shows a little farther away but before I do I need to know the
Read more…Does anyone know if you have to buy a transient vendor's license for EACH show you do...I applied to nearly 20 shows this year, so $25 bucks each would be pretty expensive.
I tried filing my sales tax for last year today, but lost my vendor's license
I'm starting out in the festival biz. I know its a must to charge sales tax but there are two things I would like to avoid if possible: 1.) Having to figure out the tax for each item when it sells. 2) Making lots of change (and having to keep a lot o
Read more…