Question from a newbee!
I'm brand new to this website business venture. To be honest, I haven't even created my site yet. I'm waiting to gather as much information on this endeavor as possible. One of the questions that I have is regarding taxes on your sales and business. What type of federal, state, and local taxes are you obligated to pay for sales in an online business? Also, when tax season rolls around at the beginning of every year, do you file business sales taxes with the federal and state governments? Sorry if these questions seem dumb, but I am ignorant on running an online business. Thanks in advance.
|