Getting A Resellers License in New York

Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
Karma: 
8 Aug 07 11:26:57 pm
Hey everyone. Im new to the world of selling things online but I wanted to know a few things about resellers licenses. First, and most obvious, is where can I get one? I live in New York City and can't seem to figure out where to go for one. Second, are their any fees for applying and receiving a resellers license? Also, what exactly do I get with one? I know that some websites, particulary one that i'm trying to do business with, requires it, but why? Lasty, I'm trying to find a place that sells good quality collectable knives/swords/daggers for as cheap as possible. Does anyone know of any good websites that can supply me?

Thank you in advance

Full Member
grace-salehoo
Posts: 333
Joined: 15 Jun 06
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9 Aug 07 02:56:19 am
Hi Renz 1088 - have you read out blog post on getting a reseller's license?
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You can find the application form for New York here:
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Or you can do it online here:
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More info about the sales tax in NY here:
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The answers section is also useful:
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As far as I know there are no charges to register, but I'm not certain.


Grace

Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
Karma: 
9 Aug 07 02:45:33 pm
I have another question. Is it necessary that I establish an actual business in order to obtain a reseller's license? All I really want to do is be able to buy wholesale and sell some goods online. Is this possible without having an actual business name and all that?
Thanks again

Full Member
grace-salehoo
Posts: 333
Joined: 15 Jun 06
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9 Aug 07 09:21:30 pm
No, you can be a sole trader (which requires no legal business structure) and still get a sales tax ID.


Grace

Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
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12 Aug 07 06:33:30 pm
I'm still not 100% sure how to go about filling out the sales tax certificate papers. I haven't filled out any other papers, is that the only application I have to fill out in order to get a sales tax number? Do you know where I can find the application online? The link provided doesnt seem to work.

Thanks again

Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
Karma: 
13 Aug 07 03:48:00 pm
Can anyone help me out? They ask me for my business' name. I'm not sure whether I need to have one established first. I just want access to some of the wholesalers website that salehoo provides and I obvously dont want to get into any legal trouble.

Thank you

Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
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16 Aug 07 11:37:40 am
any advice?

Full Member
gulfy13
Posts: 472
Joined: 12 Jun 07
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18 Aug 07 12:46:17 am
Just list the name under which you intend to do business..You don't have to have it registered or anything at this time, but you will have to have a name, as most of the people with whom you do business with are going to want to see something. Even if you just use something like 'Renz1088's Sales'. But use something..When you open a account with any vendor they are going to want some sort of a name on their form..

Free Member
jimmy_huber
Posts: 2867
Joined: 11 Mar 10
Karma: 
18 Aug 07 06:21:53 am
Yes they just want your DBA. Or ' Doing Business As ' Name. You dont actually have to have this registered. But you can register the name for a state sales tax ID.


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Free Member
renz1088
Posts: 11
Joined: 04 Aug 07
Karma: 
18 Aug 07 01:49:56 pm
Ok, I understand now. One last thing, will a sales tax require me going to an accountant to fill out tax returns? They ask for my social security number and I'm really not sure if going through the trouble of having an accountant look at my tax returns for some items I purchase is worth the trouble. Of course, like I mentioned earlier, I dont want to get into any legal trouble. So, are sales tax something that I need to report?

Full Member
gulfy13
Posts: 472
Joined: 12 Jun 07
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19 Aug 07 02:41:14 am
Depending on the state you are in, you will have to pay sales tax to your state. In my state it's 7%. So if you sold $100.00 in goods you owe the state $7.00. Also different states have different rules. In my state if I pay early I can deduct 2% of the total, so on the $100.00 I would only have to pay 5% or $5.00.

In addition, you only pay sales tax on the items that are sold within the state. For instance, I hardly ever pay any sales tax to the state since most all of my sales or out of state..

Most states will send you a 'tax package that will contain your payment coupons which will have you tax number and name already filled out. All you basically have to do is enter the amount of sales (sales that you made within New YorK)then the amount of tax, and so on. It only takes a minute. Usually states will set you up to pay either monthly or quarterly. If you have not had any sales within the state that tax period, (monthly or quarterly)then you just enter '0' tax and mail the slip in the printed envelope they normally provide..

As far as going to an accountant, well that's just something you have to decide if you want to do it yourself or have someone else do it.

But don't get personal income taxes (state and federal) confused with paying sales tax to the state..One has nothing to do with the other..

State sales tax is a tax that you pay monthly or quarterly to the state in which you are doing business, on the gross amount of sales you did within that particular state during the tax period...

Personal state tax (and federal)taxes are taxes that you pay on personal income. (that is, for instance, on the profit that you made from your business...It's usually just paid at the end of the year at tax time.

Most folks that I know that are just doing a small 'sole Proprietorship' type business on the side, normally just report the income on a 1099 tax form along with their regular income. I personally just bring all my stuff in to the lady who does my personal taxes and she just charges me a few extra bucks to do the extra...

If you normally do your own taxes, then do them for your business too, if not just take it to whomever normally does your taxes...

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