Do you sell products and remit sales tax to your state tax agency? Do you sometimes sell your products a craft fairs or temporary locations? Are you aware of the regulations regarding these types of sales?
As you are probably aware, when you sell a product in your business, you must be registered with your state tax agency to collect and remit taxes collected on the merchandise sold by you. The license also allows you to purchase items to be resold tax free. This license is required whether you run your business out of your home or a retail location.
Many times businesses sell their products at temporary locations such as swat meets, trade shows, fairs, and holiday boutiques. If you sell products at any of these types of events/locations, make sure you are in compliance by holding permits to sell there. Registration of these selling locations ensures that cities and counties receive the appropriate local and district taxes. Taxpayers will report the sales made at these locations when they file their sales and use tax returns.
Those who make or will make sales at temporary locations may need to register for a permit for the temporary location, even if they already hold a seller’s permit for a permanent place of business. Taxpayers should notify the tax agency when any of their business locations (including the types of selling locations registered under the taxpayer’s account) become inactive and no longer make sales.
Not sure if these regulations apply to you? Contact your local sales tax office to discuss your specific situation (or see if there is an answer to your particular question in the FAQ page on their website.) The last thing you want to have happen is for the tax agency to arrive at the temporary location checking for permits and disallow your participation because you have not registered to sell there.
