I was thinking about starting a small jewelry sale on ebay, but im not sure if im going to like doing it or not. What document would i need to purchase items at wholesale to resell them. If anysells how do i go about paying the tax to the government and how often. Is there a way i can be tax exempt and just claim the profits as income when i go to do my taxes every year. I dont want to get myself in debt with the government if there is no need to and I also want to be sure to tax these items if indeed I do need to. If I do need certain documents. How do I obtain them and what will they need from me?

Small jewelry sale on ebay Union Grove Alabama requires the same Required Documents When Starting a Business. In general, the following need at least these documents: INDIVIDUALS, PARTNERSHIPS & CORPORATIONS OR LLCs doing business in a name other than their legal name need a DBA trade name and a business license. CORPORATIONS & LLCs need a federal tax id and a business license. EMPLOYERS need a federal tax id (EIN), a state tax id (EIN) and a business license. RETAILERS OR WHOLESALERS of tangible taxable items / services, need a seller's permit / resale license and a business license. Note that ALL BUSINESS NEED a business license and most advisors recommend using a federal tax id to open a business bank account as well as perform a nationwide business name check before your register your dba or corporation. Small jewelry sale on ebay Union Grove Alabama -- Take a quiz to see what you need http://www.businessnameusa.com/info/step1.htm or for more information, go to: http://www.businessnameusa.com/info.htm