Hey SaleHoo Sellers!
Tax season is here and we're here to help you save money.
If you’re a US-based seller, it’s important to get what’s called a reseller’s permit - AKA a reseller’s license. This is different than a business license and a lot of sellers don’t know about it.
A business license gives you permission to open a business in a state or county. A reseller's permit lets you buy and resell goods without paying sales tax.
A reseller’s license is actually really easy to get.
First, look up which states you need a permit for. If you have an office in one state and storage facilities in several other states, you will need to apply for a Reseller’s Permit in each of those states.
Second, get the necessary documents ready. Typically you’ll need your social security number, ID, business information, bank account information, and names and locations of your suppliers.
Then apply! You can do this online on your state’s business directory website or in person at a registry.
Want to know more? Check out our blog with step by step instructions on how you can get your permit!
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- Sarah from SaleHoo