Hi Lee and all, Thanks for reminding others to pay sales tax on
private and cash sales. I sometimes feel like I'm one of the few
artists on the art fair circuit who does. Many times I've been asked
why I claim my cash sales. It's just a good habit to get in to (and
it's the law). Last year I had an I.R.S. audit, one of the items
they looked at was my income receipts and my travel expenses, the
end result was a clean slate, nothing owed, nothing back. I didn't
even have a sleepless night knowing that everything was in place
from the beginning.
I think sometimes when you sell wonderful work in the middle of a
field or parking lot, customers feel they can negotiate prices,
sales tax being one of the items. I think if we want to have the
respect of a professional business person, we need to conduct our
business as a professional business person. That includes paying
sales tax on everything we sell.
Thanks for letting me vent,