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NYS and IRS Tax Services
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NYS Tax Services and Publications for Small Businesses
Links to sections of the NYS Small Business Tax Website Homepage which provide tools and services useful to craft and retail businesses
NYS Sales and Use Tax
Includes the following online services:
Sales tax jurisdiction and rate lookup
You will need street address and zipcode of craft show location. Updated every quarter. Link is also posted on Regional Show Listings page.
Online Sales Tax Registration
North American Industry Classification System (NAICS) Code Lookup
Penalty and interest calculator
No Tax Due—sales tax return online filing and registration
Note that every sales tax vendor (unless annual filer) will be charged a one time fee of $50 to renew their certificate over a period of the next 3 years. Started in November, 2007.
Publications, regulations & laws
The Guide to Sales Tax in New York State (Pub 750) is the most popular publication.
Sales Tax Advisory Opinions (TSB-A)
The NYS Dept. of Taxation and Finance provides Technical Service Bullentins (TSBs) of its legal response to petitions.
New York State Tax Guide for New Businesses
(48 pages)
Tax Filing Dates
for Corporation Tax, Personal Income Tax and Sales Tax
Sales Tax Statistical Reports
Taxable Sales and Purchases, County and Industry Data - typically 2 years behind
NYS Online Tax Center
The following services are available to small businesses at the online tax center. You will need your EIN number to register.
Pay estimated income tax online
View and reconcile your estimated income tax account online
View and pay tax bills online
File a sales tax no tax due return online
New! File an onine NYS-45
Upload a wage reporting file online
Change business address/phone number online
(As of Dec. 08) Sales tax monthly and quarterly payment payments online
IRS Tax Services and Publications
Links to sections of the IRS Small Business Tax Website Homepage which provide tools and services useful to craft and retail businesses
Fact Sheets 2008
Business Provisions of the Economic Stimulus Act of 2008 FS-2008-21, June 2008 — The tax breaks for business in the 2008 Economic Stimulus Act are not automatic; businesses must act soon to get the full advantage.
Taxpayer Advocate Service
Have a Tax Problem? ....Need Help? As an independent organization within the IRS we help taxpayers resolve problems with the IRS and recommend changes that will prevent the problems.
IRS Forms and Publications - S (Self-employment and small business forms)
Includes Tax Calendar for Small Businesses and Self-Employed (pdf) Publication 1518 TEC (It's actually a nice looking calendar!!). Download or order a printed version free.
Audit Technique Guide - Retail Industry (PDF)
Resources Specific to Retail and Direct Sellers:
Clear descriptions of cash collection methods, vendor sale incentives and direct sale practices. Useful for new and established retail and craft businesses when considering what methods and practices to use and how to refine record keeping.
Chapter I (1 - 3) Description of Retail Industry
Chapter 2 (1 - 24) General Issues in Retail
Chapter 3 Examination Techniques for Specific Industries
-E-Business and Online Retail (1 - 11)
-Direct Sellers (98-118)
Companies
Approved by the IRS to submit e-files on your behalf.
Free File
If your adjusted gross income was $54,000 or less, you can use Free File to prepare and e-file your taxes online.
Subscribe to e-News
e-News for Small Businesses is a free electronic mail service designed to provide tax information for small business owners and self-employed individuals. It is distributed every other Wednesday.
It includes:
Important upcoming tax dates for Small Business/Self Employment (SB/SE) customers
What's new for small businesses on the IRS Web site
Reminders and tips to assist small businesses/self-employed with tax compliance
IRS News Releases and special IRS announcements that pertain to SB/SE customers
Tax-related information from other federal agencies
Online Learning and Educational Products
The Small Business Video is one of many products, many of which are free if orders are for 5 or less.
Small Business Videos (viewable as videos online or downloadable, transcript only and as The Small Business Resource Guide CD-ROM)
Topics include:
What you need to know about Federal Taxes and your new business (lesson 1)
how to set up and run your business so paying taxes isn't a hassle (lesson 2)
How to file and pay your taxes using a computer, Sole Proprietors (3)
What you need to know when you run your business out of your home (4)
How to set up a retirement plan for yourself and your employees (5)
What you need to know about federal taxes when hiring employees/contractors (6)
How to make tax deposits and file your payroll taxes using a computor (8)
As an employer, what you need to know about Federal Unemployment Taxes (9)
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