Looking for a good place for supplies
04-05-2010, 08:46 PM
#31
Super Member
Join Date: Jan 2008
Location: currently central new jersey
Posts: 8,623
Originally Posted by jljack
Originally Posted by butterflywing
mom-6 wrote
ah! that's tricky business.
in most states, you can get a license easily, usually free. you use that number when you're ordering and that entitles you to a wholesalers discount. you already know that part.
but if you get called on it by the IRS, you have to be able to show a set of books, meaning that you must be able to prove in ink and with receipts, that you bought whatever for a business and for-profit purposes (since you're not a non-profit organization).
AND, since you're now a business, you have to file a tax return, quarterly, showing all that. you used to be able to go for three years without making a profit, as many starting businesses do. but you still have to file, showing that. after those years were up, you had to show a profit. what the rules are now, i don't know. i have a number from years ago when i sewed and sold, and to tell the truth, it's such a pain trying to prove what i'm using it for and filing four times a year that i haven't used it in over twenty-five years. i wonder if it's still good or if they expire?
Usually in order to purchase wholesale from a vendor you have to have a 'for resale' tax certificate/tax id #, although I have heard of some allowing anyone who is purchasing in volume(say multiple whole bolts of fabric) to do so at the wholesale price.
I know about 20-25 years ago I purchased the fabric for square dance skirts for a whole club that wanted identical skirts direct from the manufacturer at a price lower than we could get it from the local retailer since it was several bolts of fabric. Whether that was true wholesale pricing or just a volume discount, it was a cheaper price.
I know about 20-25 years ago I purchased the fabric for square dance skirts for a whole club that wanted identical skirts direct from the manufacturer at a price lower than we could get it from the local retailer since it was several bolts of fabric. Whether that was true wholesale pricing or just a volume discount, it was a cheaper price.
ah! that's tricky business.
in most states, you can get a license easily, usually free. you use that number when you're ordering and that entitles you to a wholesalers discount. you already know that part.
but if you get called on it by the IRS, you have to be able to show a set of books, meaning that you must be able to prove in ink and with receipts, that you bought whatever for a business and for-profit purposes (since you're not a non-profit organization).
AND, since you're now a business, you have to file a tax return, quarterly, showing all that. you used to be able to go for three years without making a profit, as many starting businesses do. but you still have to file, showing that. after those years were up, you had to show a profit. what the rules are now, i don't know. i have a number from years ago when i sewed and sold, and to tell the truth, it's such a pain trying to prove what i'm using it for and filing four times a year that i haven't used it in over twenty-five years. i wonder if it's still good or if they expire?
04-05-2010, 10:45 PM
#32
Super Member
Join Date: Jan 2010
Location: North Canton, Ohio
Posts: 1,403
We have a Pat Catan's. I guess it's like Michaels or something. I bought my cutting mat in their art dept. for HALF what the same mat (the large size) cost on sale at JoAnn's. I love it and it's still going strong. Oh, and it's the same brand. I'm always looking for quilting supplies in places other than JoAnn's and LQS's. You'd be surprised at how much cheaper you can find things.
04-06-2010, 10:23 AM
#33
Member
Join Date: Apr 2010
Location: Washington
Posts: 11
Has anyone tried ConnectingTheads.com?
I'm from SW Washington and they used to have an outlet here, but they still have mail catalog and internet, free shipping over $50. Excellent prices. Everything except instant gratification!
I'm from SW Washington and they used to have an outlet here, but they still have mail catalog and internet, free shipping over $50. Excellent prices. Everything except instant gratification!
04-06-2010, 02:16 PM
#34
Super Member
Join Date: Mar 2010
Location: Ridgefield WA
Posts: 7,765
Internet! I bought 5 pk rotary cutter blades on E-bay for under $8.00. Came in a few days. Other bargains everywhere. Just "google" for what you want. Really disappointed last trip to Joanns; They have now become and "and Crafts" store. The quilting fabric was shoddy, loose weave and practically see-through! No famous fabric lines that I saw. So disappointing!
04-07-2010, 04:11 AM
#35
Super Member
Join Date: Oct 2007
Posts: 9,496
Originally Posted by Part-time quilter
Has anyone tried ConnectingTheads.com?
I'm from SW Washington and they used to have an outlet here, but they still have mail catalog and internet, free shipping over $50. Excellent prices. Everything except instant gratification!
I'm from SW Washington and they used to have an outlet here, but they still have mail catalog and internet, free shipping over $50. Excellent prices. Everything except instant gratification!
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