Sales Taxes And Compliance For Artists

Sales Taxes & Compliance For Artists

When working with students or people just starting an art business, I ask the question of how many of them have made a sale. Usually several hands are raised. I then ask them how many of them have a sales tax license and the number of raised hands is usually less. Just like any business, your art or creative business has to be in compliance with your local and state taxing authorities.

Sales and use tax compliance may get complicated especially if you sell your products or services outside of your local area. Many taxing jurisdictions require you to collect taxes on the sales of products and/or services. To make matters more complicated many taxing authorities want to tax the sales you make on the Internet as well. One thing is for certain: as local and state authorities struggle to balance their budgets and pay for services they are going to be looking for additional sources of revenue including the sales tax on your art or creative business.

In the linked article I take a look at the basics of sales taxes and some ideas on how to make sure you are in compliance with your sales taxing authorities. Good Luck!

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