Guywithsoap?
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- Joined
- Aug 30, 2010
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For those who sell in a brick and mortar environment (I'm including fairs/farmers markets, etc...) how do you handle tax?
Is it tax included? I assume that you would then simply calculate your total total gross sales -minus tax for your result?
Do you need to have a sign stating "tax included".
I ask because I have seen people selling things (non-food) do it both ways but I have no idea how these people are reporting income if indeed they are at all.
If this is already a thread simply remove and PM me the link. Thanks
Is it tax included? I assume that you would then simply calculate your total total gross sales -minus tax for your result?
Do you need to have a sign stating "tax included".
I ask because I have seen people selling things (non-food) do it both ways but I have no idea how these people are reporting income if indeed they are at all.
If this is already a thread simply remove and PM me the link. Thanks