[MYDAMIT]

Hi Guys i been a t-shirt forum member since 2007 and now i'm starting my new business in NJ. I got all my requirement my Business name, resale tax. I'm also building my website Wix.com pinoytees created by MEMBER1975 based on t-shirts-shop. I only sell in ebay a couple of shirt maybe less $100 profit in a month but now i want to expand and get more client. i want to resale some shirt like mountain shirt and start my own design shirt online. My question is how do you calculate all your expense, profit, requirement so that it easy to submit in IRS. DO you have some formula or style (excel) to easy calculate your tax and requirement to submit in IRS.

 

[selanac]

You don't pay Sales Tax in NJ. Your best bet would be to contact an Attorney and/or Account. I wouldn't take chances when it comes to taxes.

 

[MYDAMIT]

ok, i thought there is a style or form you need to submit. i saw some video in youtube how he handles his own sales so that he can easy compute all his sells.

 

[selanac]

You can make an Invoice out of a spreadsheet software. Also use Quickbooks.