Taxes and other evils

  • July 10, 2018 12:38 PM
    Message # 6369028

    I moved from Seattle nearly a year ago now. In Washington I did a bit of commercial work and had my tiny business setup with, hopefully, all the proper state permits, collected sales tax, paid income tax, etc. Well, I've been lazy about getting my tiny business setup here in Massachusetts, but a potential commission has pushed me to stop procrastinating. So.... I'd love to get some local, experienced advice on this. I assume there must be a few folks here that are keeping the tax collector happy.  

    In the past, I had a state business license, a state resellers permit and a state tax-exempt equipment purchase form. Same in MA? 

    Do y'all sell products or services? Products: collect sales tax, no Form 1099. Services: no sales tax, client can generate a Form 1099.  I've always sold products rather than services, but my potential client wants to generate a Form 1099. 

    Direct email me at davison.woodworks@gmail.com if you think this topic is too insanely dull for the group. 

    Thanks!   Mike 


  • July 11, 2018 6:07 PM
    Reply # 6377381 on 6369028

    Sales tax is probably the biggest complication.  I have to file my sales tax quarterly. Even if you do zero sales you still have to file an informational return. its pretty straight forward to do online. 




  • July 12, 2018 8:50 AM
    Reply # 6378270 on 6369028

    Thanks Dana.  Massachusetts small business practices look pretty similar to Washington. Now, on to actually producing something! 


  • July 14, 2018 7:52 AM
    Reply # 6380985 on 6369028

    Lovely work...

  • July 15, 2018 8:45 AM
    Reply # 6381953 on 6369028

    Ah shucks, thanks.  Lots of talent in this group! Rather humbling.  

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