[Jewelry making - Article 00276] - [Orchid] Business license

[Beth Wicker]

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    This probably varies by state.  In SC I am required to have a
    "retail license" in order to sell ANYTHING legally.  This means I
    also collect and pass on to the state sales taxes ;) which keeps them
    happy, and all the paperwork, etc., keeps my accountant happy!  Just
    a happy bunch around here! Having a retail license then qualifies me
    for wholesale purchase of supplies that will be used in items that I
    will re-sell, as well as not having to pay taxes on supplies used in
    items I will re-sell.  It does NOT mean I get wholesale or tax-free
    status for general business expenses. 

    Again, this may vary in name and how it works in other states, as I
    believe this is all set at the state level, not federal.  Also will
    be different in other countries, I am sure! 

Beth


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