Abel
@abel11
active 8 years, 4 months ago
David Crabill replied to the topic EIN type of Business?? in the forum Business 2 years, 5 months ago
I can’t remember… do they ask for a NAICS code?
If so, then it depends on your business, but most cottage foods businesses would use either code 445291 (Baked Goods Stores) or 445292 (Confectionary and Nut Stores).
Here’s the link: https://www.naics.com/naics-code-description/?code=4452
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Deborah K Davis joined the group Business 2 years, 5 months ago
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Susie joined the group Cake 2 years, 6 months ago
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ervinjason5 joined the group Business 2 years, 6 months ago
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Ervin Jason joined the group Business 2 years, 6 months ago
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Nicole Wayland joined the group Business 2 years, 7 months ago
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klausfelix joined the group Business 2 years, 7 months ago
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jacksonliam341 joined the group Cake 2 years, 7 months ago
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Liz Meier joined the group Business 2 years, 8 months ago
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Lisa joined the group Business 2 years, 8 months ago
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Meghala Divakaran joined the group Business 2 years, 9 months ago
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Eric joined the group Business 2 years, 9 months ago
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Navinda joined the group Cake 2 years, 9 months ago
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Sari Kimbell started the topic Sales Tax Workshop for Packaged Food Makers in the forum Cake 2 years, 9 months ago
One of the things I see a lot of folks get wrong is their sales tax reporting. Often they are paying (a lot) when they shouldn’t be paying anything! Or they aren’t paying at all. There have been some recent changes to how states are requiring you to pay sales tax and because it is food, it isn’t the same as other products. Whether you are selling…[Read more]
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Sari Kimbell joined the group Cake 2 years, 9 months ago
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Char joined the group Business 2 years, 9 months ago
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Claire Freeman posted an update in the group Business 2 years, 9 months ago
I am just beginning my “cookies and other assorted sweets” home-based business in SC and am a bit nervous about the sales tax idea. My understanding is that our county does not require me to have a business license but that I DO need to get a tax ID number. Any wisdom out there?
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CM Freeman joined the group Business 2 years, 9 months ago
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Kristan joined the group Business 2 years, 9 months ago
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Kristan joined the group Cake 2 years, 9 months ago
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I’m not sure, but I will say that sales tax requirements are very dependent on the area that you live. Someone one county over might have different requirements. I’d recommend visiting a local farmers market and ask the vendors what they’ve learned about licensing and taxes. That would probably be faster than trying to find the right person in the…[Read more]