Taxes for makers - Which taxes apply to you?

Figuring out your financial obligations can be one of the most overwhelming parts of operating your handmade shop. Each month, I hope to demystify one aspect of accounting, taxes, or bookkeeping to make your life easier. My goal is to make you feel confident and empowered when it comes to your money. I believe the more confident your feel about the financial side of your business, the more money you’ll end up making!

When you’re just getting started, it can be challenging to know all about the various types of taxes and which ones might apply to your business. Today, I’m going to briefly walk through the two main categories of taxes that apply to your shop for US based artisan businesses.

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