jttheclockman
Member
Just curious for those that sell their products, I was wondering how you handle the State Taxes. I do believe that sites like Ebay and Etsy and probably Amazon help with this situation. I would like to hear honest answers from those that sell. If you have your own web site, do certain pay as you go platforms such as Paypal and others handle the state tax things when it comes to collecting sales tax from different states? Or do you have to set up some other method to do this? Do you send the sales tax from each state that you made a sale from, to them and how is this done? What about out of country. What I am getting at is in NJ we have a sales and use tax and when I was doing shows it was very easy to keep tract of my sales and report and send taxes to the state because it was only my state involved. But if I want to become an online seller, what is the best method to handle this. This sounds confusing. If you are a big time vendor and sell lots of product it has to be a chore to keep tract of this. Is this done monthly, quarterly or some other way? How do you report this and to whom do you report to if anyone? I am familar with the business tax ramifications and what needs to be recorded for tax purposes but the State Tax thing has me confused. Hope I am asking the question correctly. Thanks. Any other tidbits you want to throw in the conversation, please do.