Tuesday, April 10, 2012

Sales Tax and Shipping!!!!

Normally there is nothing to be fond of when you hear the word sales tax or shipping, but, for those running businesses, it is a necessary evil. As I have mentioned before, I have been having troubles with figuring out how and what to charge. For shipping, it would end up costing anywhere from twice as much as an item to half as much, which anyone trying to save money knows is way too much. No one would want to buy anything if they're getting slammed with ridiculous shipping rates. Then there was the sales tax. What do I charge, or do I even have to charge it? The answer for you customers it unfortunately, yes I do have to collect sales tax. But don't worry, it's no more then you have to pay on anything you buy in a store. The sales tax collected will be the same total amount of state, county, and local tax the stores you shop at charge you. Me on the other hand, I have to do a bit of work to sell things locally. So for now I'm keeping to online selling until I can get my license to collect sales tax in New Mexico.