Has anyone tried Avalara? It's a tax-automation site/service.
taxes (4)
FEBRUARY 21 - 5 PM ET
Don't miss this one if you are "closing your books" or struggling with what to do about your bookkeeping!
Did you ever see such a business for high overhead as the art fair business? Travel expenses, booth fees, employees, tents, studio space, art supplies, credit card fees, etc.
We talk to two artists with bookkeeping experience and we'll learn how they adapted this information for art fair bookkeeping. Our experts are:
- Alison Thomas worked with her husband in his HVAC business and did the bookkeeping with Quickbooks. The business was a corporation with employees so she knows payroll and payroll taxes and the forms. We'll talk about Quickbooks and how she uses them for her art fair business.
- Leo Charette has been a data manager using computers since the 1980's, so when he started participating in art fairs he developed a system that could manage the interrelated relationships between creating art, selling art and staying in touch with the art fair patrons.
We'll start with the nuts and bolts of how you begin keeping the books and doing your first tax return and then answer your questions.
Your options:
--Listen live here: http://www.blogtalkradio.com/artfairs/2014/02/21/taxes-artists-keep-their-books
--Download it for later at that same link
--Call in with questions: (805) 243-1338
--If you can't call in post your question in the comments below and we'll talk about it.
Hi. I'm preparing for my first art fair in 2 (!!!!YIKES!!!!) days. Math has never been my strong suit. Is it ok for a person to charge a price ... let's say 40.00 for a piece, and have it include the tax which you would then subtract from your profits? I just got a smartphone with the square card reader, but haven't even activated the phone yet, so I don't know if it's easy to calculate tax with that or not.
.... really starting to sweat now.....
Thanks for your help!
Sandy
