Shopping Basket

Shopping Basket

Items: 0
Subtotal: $0.00
Note: All prices in US Dollars
Search by Keyword

Search by Keyword

Follow Us On

Follow Us On

Follow Me on Pinterest

Listing all posts with label Legal Requirements and Licenses -Craft Businesses. Show all posts.
  1. Women Empowered Businesses is a resource you can use to help keep your business growing.

    They have some good articles on taxes and tax liability at http://welcometoourweb.wordpress.com/taxes/.
  2. With the New Year just around the corner I'm reminded it's tax time.

    We have more taxes withheld from our personal income than what we will owe. This way we can plan on getting a substantial return and therefore are motivated to get out taxes done early.

    How do you handle taxes for your art festival and craft show booth?

    Are you organized and have everything in file folders or do you have everything in a shoe box? How is your system working for you? Do you file yearly or quarterly? Do you know what is required of your business?

    Things you might need to help get your taxes filed in an orderly fashion are:

    I'm working on being more organized next year but honestly this year haven't done my accounting all year. I guess I should get started so I won't be the one holding up our tax return.
  3. Is a license required for your art and craft show booth, art and craft show, or online art and craft business?

    The answer is it depends on the city, county, and state you live in. Every city, county and state creates their own rules and regulations regarding business licenses and special event permits etc. Each location will also have it’s own rules on tax collection at art and craft shows.

    So how do you find out if you need a business license or special event permit for your craft business? Call your city offices and ask them what department handles business licenses and special event permits. You can also type your city, county, state and the keywords business license requirements or special events permits into a search engine.

    My business is outside the city limits so my city won’t issue me a business license. My county and state don’t require business licenses for my type of craft business. I finally visited a neighboring city and was issued a business license.

    You will usually need a business license to buy wholesale. It is to your benefit to get a business license even if you aren’t required to have one.

    Register your business with your state as a DBA (Doing Business As) as this allows you to get a business checking account which will make doing your taxes so much easier.

    Also read Starting Your Art of Craft Business-Legal Requirements to Start Your Business

    Visit the State Resources page at Extravaganza Craft Productions for more information if you live in Washington, Oregon, Idaho, Montana, Utah, Colorado, Wyoming, North Dakota, or South Dakota.

    Know the requirements for your city, county or state and live in the areas mentioned above?

    Please comment on this post with the address, phone number and website of places artists and crafters can contact for more information. I will add that information to the State Resources page to help other crafters in your area.


    Art and Craft Show Expert Shasta McLaughlin provides articles, hints and tips, checklists and more for artists and crafters that sell handcrafted products who want to save time looking for shows, packing for fairs, and get more sales at festivals. Now she is revealing how to collect your customers contact information, follow up with them and make more money while working less. Go to http://www.extravaganzacrafts.com to get her newsletter, The Extravaganza Craft News, that will help you avoid mistakes, save time and money when preparing your craft show booth.

  4. There are many benefits to hiring your children to work in your art or craft show booth. Your children will learn responsibility and business skills while your craft business will reap the tax benefits. You can teach your child about scheduling, work ethic, entrepreneurship, setting goals and accomplishing them to the best of your ability.

    Give your child clear tasks and hold them accountable for accomplishing them.

    The law is simple treat your child like an employee :

    1. Have your child do tasks that are appropriate for their age. Choose tasks they are already good at, for instance a computer savvy teen might be able to type letters to your clients, or even build websites. Artistic teens could design brochures and younger children could place address labels and stamps on mailings. Children who enjoy crafting might help assemble less technical parts of the jewelry you are creating or paint base coats on the
    2. Document the tasks and hours that your child works. Keep good records just like you would with any other employee.
    3. Pay your child the same wage as you would pay any other employee doing the same task. Pay your child minimum wage for stamping envelopes if you would hire an employee to stamp envelopes at minimum wage. Pay your child per envelope if you would pay a temporary employee per envelope.
    4. Pay your child regularly with a check.
    5. All assignments completed must be necessary to the business. The child must actually be doing work for the business.
    6. File state and federal quarterly payroll reports, a W-2, and a tax return for the child at the end of the year, even if no taxes are due.

    The long and short of it is that the IRS when performing an audit needs proof that the work your child did for your business was a necessary business task, that was actually completed by your child, and that you paid them a fair and reasonable wage. Waiting to pay your child until the end of the year will cause suspicion that you are just trying to avoid paying taxes.

    Visit the US Dept. of Labors website at http://www.dol.gov/whd/childlabor.htm for more information.

  5. Are you just starting your art or craft business and don’t know what the legal requirements for your  new business are?

    The IRS has a Checklist for Starting a Business located on their site http://www.irs.gov/businesses/small.

    Also read License Requirements for Art and Craft Show Businesses

Artist  ·  About Us  ·  Promoter  ·  Products  ·  Contact Us  ·  Blog  ·  Resources  ·  Policies
Copyright © The Extravaganza Craft Productions
shasta@extravaganzacrafts.com