New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I am thinking of forming a mobile business (no store front – occasional seller at gunshows on weekends in NV, AZ, CA and UT), but my home is in TX. What kind of licenses do I need to do this other than sellers permits from these states? How/where do I file income tax?
Cristina,
Of those states only Utah and California require state-specific licenses to sell guns at a gun show. In California, a valid Federal Firearm Dealer License (FFL) and a California Certificate of Eligibility is needed to sell firearms at a gun show. Utah also requires an FFL along with a Utah Transaction Form for Gun Dealers. Both Nevada and Arizona are unregulated in the sense that they only require an FFL to sell firearms. And all four states require a criminal background check through the National Instant Criminal Background Check System (NICS) of the customer before selling a firearm.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
