DBA, Sellers Permit, how about Federal Tax & State Tax Ids???\nwith all this I can sell laptops I get from (Future Shop) with no hassel?
119960
If you are going to sell things, I would suggest that you form a corporation.  FOr this, you need to incorporate in the state of your choice, likely where you live.  You then need a Federal Employer Identification Number (which is the FEIN - you get that online through www.irs.gov).  With that, you can get a state tax identification number if your state requires it.  Most states do.  Go to your state taxing authority's website.  You will also have to apply for a sales tax identification number so you don't pay sales tax when you buy your laptops and so that you can withhold and pay sales tax when you sell your lap tops.\n\nYou will need to register for workers compensation with the state authority if you have employees and also unmeployment compensation authority if you have employees. \n\nLocally, you may need to register your business and obtain whatever local licenses you need to operate.  If you have a retail store, you will have to be sure that you are doing so in an area zoned for this use.\n\nWho said it's easy??
246685
There's no hard and fast rule on this. Certainly small amounts of selling your used stuff is totally fine and you won't get any income tax liability. Basically, they already taxed you for the money you used to buy it, and you won't get as much for it as you paid in the first place. However, if you sell enough stuff that it moves from hobby to business, and you sell things online in order to make a profit, particularly if you buy wholesale things and sell them, you are running a business and need to declare the profits.
151008
Fictitious name/business name registration would suffice. Businesses, even the smallest home-based operations, are required to register with either their city or county. Check with your city or county office the procedures in filing for business registration.\n\nLicenses are for specific businesses (e.g. restaurant, daycare) and marketing businesses are not often asked to apply for licenses. But to be sure, contact your county and ask for the requirements. On the Web, you can start by going to your Secretary of State website, which often have the information on how to start a business in your area.\n\nGenerally, businesses need an Employer Identification Number (EIN) or federal tax identification number. The EIN is used to identify a business entity such as a corporation, LLC, or partnership. Sole proprietorships that need to pay federal excise of employment taxes are required to get an EIN. The Internal Revenue Service (IRS) web site at http://www.irs.ustreas.gov/businesses/small/article/0,,id=98350,00.html contains all the information you need about EIN and how to apply for an EIN electronically.\n\nA business that sells any tangible item is required to get a sales and use tax license. Sales and use tax that applies to the retail purchase, retail site, rental, storage, use or consumption of tangible personal property and certain services vary between states. Check with your state Comptroller office for the requirements and procedures in getting a sales tax number.\n\nAnother thing to consider is zoning permit, especially for home-based business. This is especially important if clients will be going to your home. While many home based entrepreneurs get away with not having to file zoning permits, the litmus test is often the neighbors. If a neighbor complains, then that's when the zoning board typically steps in.
395415
I couldn't find a national list.  I wanted to say, no state ALLOWS tax on anything.  They REQUIRE collecting tax on certain items/services.  "Allow" implies an option.
346016
Check with your local courthouse about registering a business name and any licensing requirements.  As long as you are the sole owner of the business and have no employees, you can use your SSN for a Federal Tax ID no.  For state taxes, it depends on your state and the type of business.  For example, if you will be required to collect sales tax, some states require a separate tax ID even if you don't have employees.
10891
Along the same lines as the ebay comment, starting your own business is the way to go. It is a lot of work and you need ideas that would be profitable. America is the land of oppertunity.
123247
dba stands for "doing business as".\n\nIf you are doing business under a name other than your own, you must file a dba so people know who they're really doing business with if they wish to find out.  If not, you don't.  For instance, if your name is Joe Smith and your business name is "Joe Smith Enterprises", no dba is required.  If you're doing business as "VGA Construction", yes you do need to file a dba.\n\nWhether or not you have to obtain a license or permit depends on the service you are performing.  I suggest you find out the government agency that regulates the business/service you conduct and they can tell you what is required as far as California's requirements.\n\nYes, all government requirements should be accomplished before providing your services to the public..  If not, you could be in a lot of trouble.\n\nAs a self-employed person, you will have to pay FICA either on your wages or earnings.  How much will be subject to FICA will be determined by the business form you choose and how you manage the cash flow. There are many business form choices, such as sole proprietorship, partnership, limited liability company, limited partnership, C corporation, S corporation, etc.  All have differing tax rules and you have no flexibility in some, a lot in others.  Just because there may be only one person in your business, it doesn't automatically follow that your formation should be as sole-proprietorship.  In fact, that's the worst possible form in the case of a one person company if you wish to protect your personal assets from possible business lawsuits in the future.\n\nI would suggest you go to the Nolo.com website for books on business formation.  Some of their books are general in nature but others are specific to California.  I am not a California resident (I live in Texas) but I have a bachelor's degree in business.  Plus I've done my own additional research for my own business pursuits.  Anything you need to verify on the subjects you asked about can be checked at the California Secretary of State's website or the IRS' website or in one of the business books sold at Nolo.com.\n\nGood luck!
626639
Generally you won't need any license. Though be sure to check your states laws regarding small business'. Many of them require you have a tax ID number for paying and collecting taxes.
463768
You do NOT need any licensing or required education to prepare federal income taxes.  The IRS does not require any registration or tracking of tax preparers, even though paid preparers must sign all returns & provide their tax ID (which can be a SSN if you are self employed--or you can get a personal tax id # if you don't want to put your SSN on returns).  \n\nHOWEVER, there are penalties for certain types of errors/omissions made by a tax preparer (from the IRS).  So make sure you know what you are doing.\n\nAs far as Illinois, I cannot say.  Call your local H&R Block & ask them if state certification is required they would know.  My guess is that none is required.
104675
Depends on exactly what you're selling.  If it's educational goods, you might check the web sites of local boards of education to get addresses of individual schools, for example.
188238
First you would have to apply for a business license, before that though you should make sure to really research your items that you sell...or that your rental space will allow you to make a profit.  Its a good idea to make contacts with your suppliers now, that way you can see if its profitable business or something that will stress you out and barely keeping your head above water.
239493
go get them by urself or ask someone, i hate taxes so always i avoid that even if ist illegal
503308
I work at setting up small businesses, and I need to let you know that what your listed (inventory, wholesales, etc) are not the things you need to do first. \n\nFirst, you need to come up with a business name and open up a business entity. This will tell the government that you're opening a business, make you legal, guarantee that no one else can have your name, and give you an EIN/tax number. \n\nOnce you've done that, go open a bank account under the name of your business. Once of the biggest mistakes small business owners do is to use their personal money to start the business. Open the bank account, get a business credit card, and a business loan. (You will probably need a business plan to qualify for the loan.) \n\nOnce that is all done, find out the specifics of where you'll get your supplies from.
591059
Good luck. Wholesalers usually require minimums, resale permit, etc. You could try Cabela's... but they're not wholesale. If suppliers did what you want, they wouldn't be wholesalers, now, would they?
181534
You should file schdule C for your Ebay business. You first account your sales from ebay, then you account your business expenses: cost to acquire the items for sale, ebay fees, paypal fees, shipping fees, advertisement, auto expenses, home office deduction, telephone expenses, supplies etc. The difference of sales and expense is the net income which is subject both income tax and selfemployed tax. Schedule C is complicated, please seek a qualified tax professional.\n\nZhicheng Lai\nEnrolled Agent
194935
If this is a regular business activity then you should apply for a resale certificate (basically a permit) which you can provide to your supplier so they don't charge you tax on the purchase. When you sell the item you would charge the buyer sales tax and remit the collected taxes to the state.\n\nIf this is a one shot deal then just pay the sales tax on the purchase and don't bother with any tax on the sale. You need a permit to collect and remit sales taxes.\n\nAlso, bear in mind that requirements for out of State or on-line transactions may vary as well.
37326
You don't need any kind of agreement to start a store.  When you go to actually "open for business", you will need to have either a valid merchant account set up or a PayPal account.