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- Опубликовано: 3 авг 2024
- Sales tax is a huge pain point for photographers, and it differs in every state. In this video, I outline everything you need to know about sales tax in your photography business.
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---------------------RELATED LINKS ----------------------------------------
IRS Listing of States Websites
www.irs.gov/businesses/small-...
Economic Nexus Laws
blog.taxjar.com/economic-nexu...
Sales tax by state
www.avalara.com/taxrates/en/s... 
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You are a great clarifier! Your video helped me figure out the tax issue for my business!
Aww, thank you for your kind words... I believe in the "Teach a man to fish" idealogy! I am glad you enjoy the content
Great video! Thanks for the help and putting it in layman's terms for me.
Aww. you are so welcome!
Thank you Tiffany for eliminating my stress over collecting and owing a service tax for my state.. I am an owner operated business working part time that does not make more or much more than what a minimum wage person working full time at 40 hours makes in a week! Super helpful !!!
aww. I am glad you found this helpful
This NEEDS more views and likes. 👍🏼A great video💯
aww! thank you also I have a full course for you too www.bastianaccounting.com/salestax101
great video, down to earth direct explanations. Thank you!
Aww.. you are very welcome, friend!
Thank you so much!
You're welcome!
I got so excited when you said buffalo ny I’m located in riverside and I’m completely lost about sales tax,
=)
How do I hit the resource button. I don't see it.
@Tiffany Bastian
Thank you for the video. Very helpful.
But truth be told, all these bureaucratic over each state and their Nexus Laws is overwhelming. I just want to be able to focus on building my business. How do I mitigate this issue, because I do not want to have to learn about each and ever state and their different Sales Tax structure?
Thank you
Unfortunately, knowing the laws for each state you do business in, is the only way to stay compliant, my friend. Good Luck!
@@bastianaccounting hi... I'm an online reseller, our suppliers/manufacturers handle Shipping... And none of our suppliers charge any sales tax either to customers directly or to resellers... So since our suppliers do not charge any sales tax, Do I as a reseller still need to charge Sales tax to my customers?
Also, I'm confused about the physical Nexus.. They have their own warehouses throughout the US and they initiate and handle the shipping themselves... The warehouses are not ours... So, the location of their warehouses would be considered a physical Nexus for me( as a reseller)?
@@akindia8519 all resellers hav sales tax laws they need to abide by you need to check with your state.
I have a question about sales tax regarding photography. What if you are charging the client by the hour and not per image? Like Charge $150 per hour and the images just come with this. This happens alot in event photography. I live in Alabama.
yes if services are taxable in your state I invite you to check out my course sales tax 101 for photographers we cover every state and what to do www.bastianaccounting.com/courses
I live in syracuse, ny, Im registered to collect ny sale tax, and was wondering to charge sale tax in other states for my online sales, but am not registered in other state, and was told by NY long as am not saling a car or boat etc. not to collect sale tax, but youre video has me think i should
It depends on what you sell how much and what states you ship to... google economic nexus that will open up a lot of info if you ship to other states.
Thank you for this information! What if you are hired by another photographer as a contractor to assist in a wedding photoshoot? The hiring photographer will be the one charging for the end result and will provide the printed and efiles to their client. I am simply assisted, do I charge sales tax for my service as contractor?
You are correct, you don't charge sales tax to them for your service. reach out if you have any more questions hello!@bastianaccounting.com
@@bastianaccounting Thank you for your response!
Hi, When filing sales tax under the line where it says your Gross sales with out the sale tax, do you put in the gross sales of the state you live in or is it the gross sales of all the states you do sales in plus the one I live in.
Thank You
Depends on your state I would call them and have them clarify what they want in that space.
Hi, I live in Buffalo NY
@@maximum5409 you can call ny state department of revenue and confirm what is included in the gross income line.
Can i just include sales tax to my services? And if so, how do I pay that portion of the sales tax to the state? I live in NYS. Currently, what I do is just add the sales tax to my services and send a check to the state quarterly using qbo.
You first need to register with NY state for a sales tax certificate, then based on the zip code of your customers you will charge sales tax, then you will report to NY on the schedule they give you. You will file a report online that will calculate what you owe each period. You have to be aware of what you are selling if it is taxable in NY as well. There are lots of good resources here and videos for you www.tax.ny.gov/bus/st/stidx.htm
So do I go ahead and file all sales tax collected at the end of the year if my license says to report annually? I'm trying to figure out the difference between the sales tax and just a regular tax return.
thank you.
Sales tax is imposed by your state and it depends on what you do and when they tell you to file, It is important to know that states also have income tax .. and yes there is also federal income tax. I teach about all the taxes in my course www.totaltaxtransformation.com
I am failing to understand a basic thing I think. Is the Nexsus Idea only applyed to online cross state sales? If a customer buys in my Brick and mortar store in sate A and asks for the products to be shipped to state B, do I charge the sales tax of the state A or B ?
Nexus is when the state imposes dales tax. It depends on if you live in and origin or destination based state.. where you charge the ses tax. In most cases if they comento your store having brick and mortar creates nexus so you charge the rate ofbwhere your storenis locatiled..
@@bastianaccounting so if I have a NY store, someone comes in and buys an item that will be shipped from the manufacturer to his house in NJ ( let's say we do have Nexus there because we sell over 100K to there) - what sales tax should we charge and report? Ny or NJ? thank you!!!
Most likely NJ since you have economic nexus but please call both NY and NJ and get guidance for your particular situation from them so you are confident as you move forward. I call states for my clients all the time that is the best thing to do when it is not entirely clear
Can we get a refund for our sales tax we spend at the end of the year
The sales tax you spend? You can deduct the sales tax you pay, but you have to keep every receipt for the whole year, and it has to be a certain amount to make it work not taking the standard deduction.
How do online sales work? If I sell online all around the USA, HELP!
Lookup economic nexus for states you do business in.