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Thread: Selling my projects

  1. #1
    thismomquilts's Avatar
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    Just found out that if I want to sell my stuff at a Green Market here in town I have to have a business license, file for a fictious name, get tax exempt (to buy stuff without paying taxes) number and pay for that... so many things just to sell a few things... I know, I know - - - they have to get their money - but here, it seems, I have to pay extra because my 'business' is out of my home... Guess I won't be doing this any time soon :(

  2. #2
    Super Member quiltinghere's Avatar
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    I don't blame you!

  3. #3
    Super Member earlylace's Avatar
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    Quote Originally Posted by thismomquilts
    Just found out that if I want to sell my stuff at a Green Market here in town I have to have a business license, file for a fictious name, get tax exempt (to buy stuff without paying taxes) number and pay for that... so many things just to sell a few things... I know, I know - - - they have to get their money - but here, it seems, I have to pay extra because my 'business' is out of my home... Guess I won't be doing this any time soon :(
    Its not as hard to do as it seems. I filed and got a federal tax ID, registered my business name Earlylace Collectiques, I have a store on ebay, don't have much on it right now, got a business checking acct. and I file qtr sale taxes with my state NJ. It really is not hard to do. and it didn't cost a lot of money. Lace

  4. #4
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    Ebay :thumbup:

  5. #5
    Super Member earlylace's Avatar
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    Quote Originally Posted by earlylace
    Quote Originally Posted by thismomquilts
    Just found out that if I want to sell my stuff at a Green Market here in town I have to have a business license, file for a fictious name, get tax exempt (to buy stuff without paying taxes) number and pay for that... so many things just to sell a few things... I know, I know - - - they have to get their money - but here, it seems, I have to pay extra because my 'business' is out of my home... Guess I won't be doing this any time soon :(
    Its not as hard to do as it seems. I filed and got a federal tax ID, registered my business name Earlylace Collectiques, I have a store on ebay, don't have much on it right now, got a business checking acct. and I file qtr sale taxes with my state NJ. It really is not hard to do. and it didn't cost a lot of money. Lace
    Oh, and if you do all this you can take a deduction on your Federal taxes for business expenses, heat, elect, phone, office supplies, milage etc.

  6. #6
    Power Poster Rhonda's Avatar
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    Quote Originally Posted by thismomquilts
    Just found out that if I want to sell my stuff at a Green Market here in town I have to have a business license, file for a fictious name, get tax exempt (to buy stuff without paying taxes) number and pay for that... so many things just to sell a few things... I know, I know - - - they have to get their money - but here, it seems, I have to pay extra because my 'business' is out of my home... Guess I won't be doing this any time soon :(
    I'm in Iowa and I have my own business out of my home. I have a tax number didn't cost me anything just paper work and I have a business name that I just called mine Patchwork by Rhonda. I didn't have to file anything for that. When I sold my stuff at a craft show I didn't have my tax number yet and I just used my social security number instead, that is what the IRS told me to do.
    Maybe your state has differant rules tho I don't know.

  7. #7
    Super Member ghostrider's Avatar
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    Nope, not hard to do at all, and when you have a business registration you have more credibility with potential customers. In addition to the tax benefits, you can also get a business discount at various places.

  8. #8
    Super Member earlylace's Avatar
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    Quote Originally Posted by Rhonda
    Quote Originally Posted by thismomquilts
    Just found out that if I want to sell my stuff at a Green Market here in town I have to have a business license, file for a fictious name, get tax exempt (to buy stuff without paying taxes) number and pay for that... so many things just to sell a few things... I know, I know - - - they have to get their money - but here, it seems, I have to pay extra because my 'business' is out of my home... Guess I won't be doing this any time soon :(
    I'm in Iowa and I have my own business out of my home. I have a tax number didn't cost me anything just paper work and I have a business name that I just called mine Patchwork by Rhonda. I didn't have to file anything for that. When I sold my stuff at a craft show I didn't have my tax number yet and I just used my social security number instead, that is what the IRS told me to do.
    Maybe your state has differant rules tho I don't know.
    Same for NJ, but I got a Fed tax ID so I didn't have to use my ss#, safer I think. Lace

  9. #9
    Moderator littlehud's Avatar
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    It does seem like a lot of hoops to jump through just to sell a few things.

  10. #10
    Super Member earlylace's Avatar
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    Quote Originally Posted by littlehud
    It does seem like a lot of hoops to jump through just to sell a few things.
    You will always have it, and who know once you have it, you may take advantage of more selling ops.

  11. #11
    Super Member ghostrider's Avatar
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    One sure thing about being self employed...you are guaranteed to have the very best boss you ever had! ;)

  12. #12
    Power Poster CarrieAnne's Avatar
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    LOL, thats for sure. And you'll never be late for work!

  13. #13
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    Quote Originally Posted by ghostrider
    One sure thing about being self employed...you are guaranteed to have the very best boss you ever had! ;)
    I am self employed. Now EVERYONE is my boss! Before I only had one. Funny how that works out.

  14. #14
    thismomquilts's Avatar
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    It will cost about $250 to start all this... I have to have county AND city licenses... and it costs MORE because it's out of our home... We'll see... I just have no income right now. I know ebay is available - and Etsy - I just wanted to work face to face with my customers more... but if I must go the internet way - so be it. I know the discounts and all... just thought I could make a buck or two to help out with groceries.. don't need to nor want to make a living at it - never expect it to get that big. But then again - who knows!! :)

  15. #15
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    Quote Originally Posted by ghostrider
    One sure thing about being self employed...you are guaranteed to have the very best boss you ever had! ;)
    Yeah I know, I just love working for me!!! :lol: :lol: :lol:

  16. #16
    Junior Member Elizabeth-Liz's Avatar
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    All I had to do is get a tax number and made up a name to do trades days here in Texas. Some years I do not sell anything so I do my sells tax yearly and I do that online. But I have it in case I need it. I also show some of my crochet at a gallery locally, so this covers me in case the tax folks want to check on people. I have been checked once since I have been doing trades day. I do about 2 a year with a friend and basically that is to spend time with them.

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