New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
I’m starting a photography business; do I need to pay sales tax from the company i’m purchasing prints from and also turn around and charge sales tax to the customers who are buying the prints from me? Then the product is being taxed twice.
Alisha,
To purchase merchandise from distributors and wholesalers without paying sales tax, and then selling those items as a retailer to end users you need to obtain a Reseller Permit (also called Sales Permit, Sales Tax ID, Sales Tax Vendor ID, etc.).
(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.
