What are the legal aspects of starting an online retail store?

*********** asked: Do I need any licenses? What forms will I have to fill out for the IRS. How do I handle sales tax? I live in NC and will have no other employees. Any information you could give me will be greatly appreciated. I’ve asked this question in the business section but the [...]

I’m trying to figure out what kind of sales tax I have to charge on my internet business selling art from TX?

Laura G asked: If anybody has any insight or can help me find a place to start looking for the answer I would greatly appreciate it. Thank you!

On tax free weekend including computer purchases, can a national chain charge me tax on an internet purchase?

ACK & DJ asked: I thought it would be easier than fighting crowds at the stores, but then I got slammed on the tax that no one else is paying for the same items. The company claims they have to charge state sales tax if there is a store of theirs in your state, [...]

How would I be categorized politically?

anonymous asker asked: I support unborn rights and would support a pro-life amendment to the constitution, with the only acceptation for the mother’s life.
I would abolish the department of education because it’s a local and state level responsibility.
I support the right to bear arms, concealed weapons licenses, hunting, stand your ground laws, etc.
I [...]

What can I write off tax-wise by working remotely from my home office?

Emily B asked: I started a new job May 1st where I work from my home office. I’m a Sales Director and my corp office is in Phoenix. My company already pays for my landline phone and high speed internet service. I am being told that I can write off part of my mortgage as [...]

Is it possible to open a bank account in a state where you have no residence?

zidag123 asked: I am selling products over the internet and I want to get out of NY sales tax. If I open my account for the online business in another state then I can get out of NY sales tax when I sell to New Yorkers which will be my main clientele. Is [...]

Use tax, what’s the deal?

gurlygurl20000 asked: Okay I asked a question earlier about having to pay use tax on International purchases on the internet, and one person did answer saying that, it’s a personal asset tax where you get to decide how much of the sales tax you want to pay, etc, and lastly said that very, very, very [...]

how do you start a nation wide business?

redsoxguy asked: from planning, to getting grants, loans, and money for startup, to trademarks, attorneys, accountants, marketing, advertising, employees, wholesale, retail, internet and ebay sales, franchising, LLC’s, taxes, investing, building logos, websites, And everything else i need to know.

How can I use self-directed IRA money to participate in internet auctions for tax-lien certificates?

investor8406 asked: I’m trying to get started in investing in tax-lien certificates using money in my self-directed IRA. I’d like to try participating in online auctions for county tax sales, but many of them require you to deposit some sort of “down payment” as good faith money. Does anyone know if/how I can [...]

What is the difference between an EIN and a Resale Tax ID?

Susan S asked: I want to open a web store and applied at the IRS website for an EIN. Is this all I will need? Is the EIN the same as the RTI? I live in Texas but my sales will be internet only.

keep looking »