How to Register for Sales Tax | Florida Walk-Through
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- เผยแพร่เมื่อ 4 ส.ค. 2024
- Online sales tax can be a beast! How do you register for sales tax? It sounds really complicated but it doesn't have to be, especially when you've got someone to show you how.
In this video, Kexin walks through the whole sales tax registration process: how to apply for a sales tax ID, what you need, and what to expect in the process. She also does a step-by-step walk-through with the state of Florida as an example.
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** ADDITIONAL RESOURCES **
Part 1 of Series - What Online Sellers NEED to Know About Sales Tax Nexus
• What online sellers NE...
Part 2 of Series - How to Register for Sales Tax | Florida Walk-Through
• How to Register for Sa...
Part 3 of Series - How to Set Up Sales Tax | for Shopify Sellers
• How to Set Up Sales Ta...
Part 4 of Series - How to File Sales Tax Online | Frequency, Methods, Logics Made Easy
• How to File Sales Tax ...
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Thanks for watching! Let us know if you have any questions by commenting below. Need more help with your sales tax? Contact us here - ledgergurus.com/services/sales-tax/
OR download our complete guide to sales tax compliance: ledgergurus.com/portfolio/10-steps-to-ensure-sales-tax-doesnt-burn-down-your-ecommerce-business/
Hi thank you for this informative video. I have a question, do i need to apply for a broward sales receipt if I am purely selling on online platforms like ebqy and etsy or payments are made and done on paypal? Thank you in advance for your response..
@@Titadang24 If you have nexus in Florida, whether physical presence or have passed the economic threshold or both, you do need to get a sales tax permit for Florida. It's a state-wide permit, so you don't need to worry about getting a county-specific permit. That being said, selling strictly on marketplaces like Etsy and eBay means that you don't have to collect and remit sales tax, but you'll still need to file $0 returns. You can learn more about that here - th-cam.com/video/BlxgcWxPgt8/w-d-xo.html
@@LedgerGurusHi! Thsnk you for the Response. I just finish doing my sales state tax. But then i got a letter from county asking me about applying for business tax receipt. I do have LLC but purely doing business through online selling platfroms.
Very well explained 👏 👌 👍
Thanks!!!
Thank you very much. Very clear explanation. Amazing
Thank you. I'm glad you liked it.
Thank you for doing this.
You are very welcome. We're happy to help!
you are so brilliant, thank you
Thank you. Happy to help!
Thank you!! This was informative
Glad it was helpful!
How long did it take to get your application processed?
@@EnStyleFurniture It typically takes 2-3 weeks
This video is such a life saver! Thank you! I'm in a weird situation myself. I am mainly a drop shipper and I myself do not meet economic nexus in Florida but since my supplier does, they are requiring me to provide a FL certificate or they won't ship there. The only two options sounds like I need to admit to Florida that I have made 100,000 in sales there or claim my supplier is a market place facilitator which they are not since they do not collect taxes on my behalf. I assume that I would just claim to have hit economic nexus in FL then so I can fulfill my supplier's requirement to get the certificate? I am just worried about possible liabilities of making those claims. Thank you for your help!
Well, the only liability for registering for a permit in FL is you'd have to start collecting and remitting on all your sales there. But it sounds like you can't sell there at all if you don't because of your supplier's policy. And you can register in FL without claiming you've made $100,000. Just put how much you're making.
Thanks for the video. Quick question. I have new multi-member LLC registered in Florida and I'm currently filling out the DR-1 but I'm confused on the employee part. We currently don't have any (just me and my partner working on it) but we will eventually depending on how we grow. How should I fill out this part? Or should I say no and just update it later?
I would say no and update it later when you have employees.
Hi, I have a bit of a complex two part question here about tax and llc registration. For my llc registration I put down a physical business building as the principal address, a P.O. Box for the mailing and for the managing Manager I put down my residential address which I really didn’t want to do so I’m wondering if there is an alternative? I’m wondering if for the managers address can I use the “real street address” that the post office now gives out (it’s the address of the post office then your P.O. Box number changes to a unit number so it now becomes a regular address for deliveries. Example “1 Applegate drive, unit 246, orlando fl” instead of “ P.O. Box 246, orlando fl”. If not, what about using the physical business building address as the mangers address?
Now with the tax registration for Florida as an llc where it asks for “Business Officer” information can I use the P.O. Box information or the “real street address” from the post office? (Unsure if this has to match the “Manager’s” info on the llc registration). I know all this information will be public so I’m trying my best 😵💫 lol. 🙏🏾 Thanks.
Can you email us at salestax@ledgergurus.com?
Thank you for this informative video. If I have not yet made a sale and don't know what day a customer will buy something what date should I put for date of first Florida taxable activity? I want to get my sales tax id and input it into Shopify before selling
You only need to register for a FL sales tax permit if you have nexus in Florida. Nexus can be economic if you've passed the sales thresholds ($100K in gross sales) or physical if you have a physical presence in the state. If you do have a physical presence, then the date you put is the day you open your business.
Thank you for your videos. You have been a big help! I am using Shopify and their payment processor including credit cards, Paypal, and Amazon Pay, but do not have direct accounts to those merchant card processors (no account number). When filling out my CA seller's permit application, it asks if my business will be accepting credit card payments. Do I put "no?" ("yes" asks for merchant card processors and account numbers)
You can put yes and not give them information for merchant card processors and account numbers, I’m pretty sure those fields are optional.
So how much can I charge the state for the added cost of doing business as the states collection service? Or, is there a business tax write off for the registration, managing, and transferring those taxes to the state?
Some states give you a vendor collection discount when you file the return on time. And all of the registration and filing cost can be categorized as business expenses which will reduce your taxable income.
Thank you for your video it has been very helpful. When completing the sales tax permit I’d it asks about projected monthly sales and projected monthly taxable sales. What do you place there? Also do you report taxes monthly, annually, or quarterly? Thank you in advance!
I would put your estimated amount of monthly sales. If all your sales are taxable, then those two would be the same number. And if you can choose filing frequency I’d definitely choose annually!
@@LedgerGurus Thank You!
This is great! Very helpful video. ❤️
Newbie here. I have a dumb question. What NAIC Code should I use for my drop shipping business selling POD shirts on Etsy?
I would use 454110 for all e-commerce businesses.
@@LedgerGurus Thank you so much!
It says no code found on that code.
Thanks for sharing this video! It really helps a lot. I'm about to register my sales tax in Florida but I'm using a virtual office address on my LLC. We don't have a physical store, inventory, employees in Florida. Does this count as having a Physical Nexus in Florida if your registered address is located in Florida even if it's a virtual office?
Florida is a really aggressive state, if your business is registered there I would definitely register and remit sales tax there.
How long did it take to get your application processed?
If you have a LLC this system ask you then if you are a single Member CORPORATION? S Corp, C Corp or do you disregard if you are just one person? Do we put sole proprietor instead of LLC? And do you then become a business officer. Thank you.
That depends on the type of entity you are and how you are taxed for US purposes.
Thanks for this very detailed vedio. This might be a dumb question. How does e-commerce store collect taxes? Do they pay each state that the buyers are from?
Hi! Not a dumb question at all! E-commerce sellers collect tax by configuring their sales channel's settings. They only need to collect and remit where they have nexus (physical presence, pass economic nexus threshold in certain states).
All depends on your outstanding sales total per state you shipped to.
Is this the same as a stated ID tax (Not a EIN), if you are hiring employees in the near future? Does Florida require that? Everything I search about it only mentions FEIN, and EIN comes up. Nothing about a separate State ID Tax Number.
I am single member LLC registered in Florida. This is my first year operating and using the EIN officially.
What happens if you don't do this and just file taxes with your regular accountant?
Sales tax and income tax are NOT the same thing. Income tax is something you pay out of your income. Sales tax is something the customers pay with their orders, that you then remit back to the state. I suggest you download our 10 Steps to Ensure Sales Tax Doesn't Burn Down Your Ecommerce Business guide for more information, as well as a chart in the back with all the economic thresholds by state. you can find that here: ledgergurus.com/portfolio/10-steps-to-ensure-sales-tax-doesnt-burn-down-your-ecommerce-business/?TH-cam&
Question: Does a consulting business need to file Florida Sales Tax Quarterly (No Physical Products Sold)?
Professional services are not taxed in Florida unless a physical product is sold.
Hello, please can I start collecting sale tax while waiting for the permit ? Thank you for your help.
Yes, but you must register for the permit before you can collect sales tax.
Hello. Loved the information in your video. I have a question. I'm an Florida LLC owner and I'm the the only person listed on the LLC. I plan on selling soap products on my own website. Without knowing any better, I registered with Florida Department of Revenue as an C Corp. I don't know if that is correct or not. I'm sure you'll have to ask some more questions before you are able to answer this for me. 😊
Yeah, probably the best way to get this question answered is to schedule a sales tax consultation with one of our experts. You can do that here: calendly.com/ledgergurus-sales-tax/?TH-cam&
Hello I do have a question. I applied for my LLC in December 2022 but made a mistake so I fixed it now in January so I got my EIN but now I need to apply for the sales tax certificate. What date do I add that it started? I am confused in that area please.
I would use the January date since you want to use the correct FEIN.
Hello,
I am filling out my application and the application walks you through a list of multi-answer questions. I've come across this question in the purchases in sales and use tax section and it is confusing and not sure what option to choose.
My business model is going to be dropshipping.
The question im stuck at now is:
For each of the business activities listed below, select all that apply to this location. If none of the activities apply to this location, you must select none of the above in order to continue.
Option 1) Purchase items to use in my business without paying Florida sales tax to the seller at the time of purchase
(such as from a seller located outside Florida)
Option 2) Applying for a direct pay permit to self-accrue and remit use tax directly to the Department
Option 3) Applying for authority to remit sales tax to the Department for independent sellers or distributors (see Rule 12A-1.0911, Florida Administrative Code, for more information)
Option 4) None of the above activities apply to this business location
Any explanation for these options and which one should I choose based on my business model?
Thank you
I would choose option 3 because you are in Fl and you are making sales to Fl customers.
If I haven't reached the threshold of 100,000 when should I put the starting day? I don't see that day nearby. thank you !
You don't need to register until you pass the threshold. To see a list of thresholds by state and the requirements for registration, see the complete list at the end of this download - ledgergurus.com/portfolio/10-steps-to-ensure-sales-tax-doesnt-burn-down-your-ecommerce-business/
Hey, as a non US llc owner, to register for sales tax without a social security number, is my passport info enough or is there other forms I need to fill out ?
These videos will point you in the right direction for all of this:
Do Foreign Companies Have to Deal with US Sales Tax? - th-cam.com/video/85JULhX_aRw/w-d-xo.html
A Step-by-Step Guide to Get an FEIN for International Businesses - th-cam.com/video/kJi6Zr0nHQM/w-d-xo.html
Hi! Quick question, I was wondering why I don't have a business partner number? I have a certificate number, but no business partner number to log in.
You should have received that in the mail. If you don't have it you will have to call the state of Florida to get it.
Is it compulsory to resell products online in USA?
If you resell products in the US and don’t want to pay sales tax to your suppliers, you are required to provide them with resale certificates.
Amazing video. I have a friend in Miami Florida, he is selling video editing, assistance for podcasting services as sole prop business registered in FL too. Is he required to be registered to withhold sales/use tax? He is having a virtual office. Thank you
"In Florida, the sale of digital products is tax-free given that items sold in digital form aren’t classified as tangible personal property. In other words, services and products are not taxable if all of the goods are delivered digitally."
www.sanchelima.com/2022/09/25/sales-tax-and-digital-products-in-florida/#:~:text=Are%20electronically%20delivered%20products%20taxable,the%20goods%20are%20delivered%20digitally.
@@LedgerGurus Thank you
Thank you so much for your videos; they are great and very useful! My questions are: I have an LLC registered in Wyoming, my fulfillment vendor is located in Florida, and all my products will be sent there. To avoid paying taxes to my provider, I need a Tax Exemption Certificate from FL. However, to get that certificate, do I need to register for Sales Tax in Florida? I assume that having my fulfillment vendor in Florida creates nexus with that state. Also, can I use the Wyoming business information to register for Sales Tax in Florida? I don't have any physical location there. Thank you!
It sounds like you have physical nexus in FL since your inventory is there. You will need to register in FL. Once registered in FL, you should be able to get the exemption certificate you need. You'll use your business information (wherever that is) to get the permit and exemption certificate.
@@LedgerGurus you are the best! Thank you!!!
@@juancarlosdelcid2819 You are welcome!
Hi, I have a question. I created a link through shopify to sell things that I make and anyone in the US can purchase and sales tax will be collected according to the state the customer is in. I am doing this as a sole proprietor working out of my home. What options am I suppose to choose?
You shouldn’t need to charge tax to anyone except customer that lives in your home state. And make sure to register before you collect.
@@LedgerGurus Thank you for the info
Before you start collecting sales tax, you need a permit first. Otherwise you are opening a can of worms. Shopfy wont remit your tax to states. Its just a tool. Once you have a permit then change Shopfy setting to collect ST.
I was asked what kind of Sales tax account do I want whether it is Corporate income tax or Business Occupation tax. My question will be which sales tax account is more suited and beneficial for a small scale LLC .
For which state?
My answer will be depends on an individual performance. I have seen that some corporate income accountants are all around player, who can pick any tax law up and process fast. I have also seen a Quickbook bookkeeper can understand sales tax law and process faster than 20 years sales tax veteran. For a small business, you need a somebody , who has a basic knowledge of sales tax compliance. If you want more tax expert, then look for tax person who has 3-5 yrs sales tax experiences.
hey there, im very new to this and am very confused.
I live in florida and started a shopify shop using printful as my drop shipping company to print and ship my shirt and sticker designs.
i wasnt expecting to make any sales but i made about 3k sales in a couple days and im panicking on how to register and file everything properly.
I'm terrified im already screwed but i cant find anyone to help me. its difficult for me to process information and im due to be in a cancer hospital soon for a procedure and just wanted a simple way to help raise money for my health.
any help is appreciated!
im an independent artist with a few drop shipping items listed and i plan to sell individual art pieces i make in my home to list for sale as well. should i file as a sole proprietor or an LLC? its just me doing all the work.
First of all, I'm sorry to hear about your upcoming cancer treatment. I hope it is successful and you're back on your feet soon. Also, congratulations on your sales. It sounds like you have some really great stuff!
Second, don't panic. We can help. First of all, how much of your sales came from Florida customers? Remember, you only need to collect and remit sales tax from Florida customers, not from other states because you don't have nexus there. You do need to register and this video will walk you through how to do it. But don't freak out on the start date either. Your sales are low enough that they don't represent a huge amount in sales tax yet. Decide how comfortable with risk you are. You could either back date to the date when you opened your shop and come up with the money or move forward from here and risk some penalties and interest.
I can't really help you with the sole proprietor or LLC question. I suggest you consult a tax attorney for that. We did a webinar on smart tax strategies, so start there - th-cam.com/video/MQ7Gi1Yaqy0/w-d-xo.html.
Setting up a POD online shop with Etsy, what future date do people use? 6 months and can you go back and edit it after you make your first real sell?
No if you are not making revenue a lot, leave it alone. Monitor how much your revenue grow in each state. If you see business grows, examine Economic Nexus threshold $100K. Its always better to use future date than past date. You take a risk. VDA or retro opens up a new drama. Registation wont take more than a month so a month ahead future date is good.
Thanks for answering, Jen. You're right on all this.
So it’s better to put a future date rather than a past date even if you’ve made sales but didn’t pass the nexus threshold? (my business is based in florida)
@@ZipporahsCrushCosmetics Since you're based in Florida, you already have nexus, so you do need to go ahead and register. The registration requirement is by the next transaction when you have economic nexus, so use a current date and configure your sales channel to start charging sales tax after you've registered.
Do I need a sales tax permit to sell on amazon in Florida?
If you are located in FL then yes :)
Hi, what to select for sales and use tax for my sole member LLC if I am doing FBA?
“Selling products or goods by mail using catalog or the internet “ is one of the listed options. Please confirm if it is the correct option
Yes, that is correct.
Thank you
So how long till I receive the actual certificate?
It can take 2-3 weeks
I’m an artist who sells prints randomly. No llc or business anything, I’m just getting into it. A vending opportunity says we have to have a FL Sales Tax License. Does that mean I have to make a business now? I started thinking I just needed to apply but I’m unsure.
It might be a good idea to schedule a sales tax consultation with one of our experts and walk through the particulars of your situation. They are very knowledgeable and can guide you in the right direction: calendly.com/ledgergurus-sales-tax/?TH-cam&
Hi, I am a foreigner and I have created llc in Florida now I going to apply for seller permit certificate but one thing is creating hurdle to understand that where business officer tab detail there are two options one is person detail the other is business officer detail. When we go for person detail they require last four digits of my ein number in SSN tab but when we go for business officer detail then they require ein number so please help me in this regard that should I go for in person option or for business officer...thanks waiting for reply
Based on your situation, you need to determine whether you will be acting as the business officer or if someone else will hold that role. If you are the business officer, select the "Person Detail" option and provide the last four digits of your EIN in the SSN tab. If you have appointed someone else as the business officer, choose the "Business Officer Detail" option and provide their EIN number.
@@LedgerGurus thanks for your valuable suggestions.
@@muhammadsaqibriaz5878 We're happy to help.
So I don’t need to fill out this form until I’ve reached $100,000 in sales? And if that’s the case I can sale on Shopify/ TikTok until I’ve reached this amount and then i should submit my application? Hope this makes sense..
Or am I required to have this document before I start selling?
That depends. Are you based in Florida? If you are, then you are considered to have physical presence there and you need to register before you start selling to customers in Florida. If not, then yes, you can wait until you pass the threshold.
Thank you so much for responding
@@ZipporahsCrushCosmetics You're welcome. Happy to help. :)
Hey how long does it take for them to give me the sales tax id
Each state is a little different, but typically it takes 2-3 weeks.
How long does it take for them to get back to you after submission ?
If you register online, it should be about 3 days before you can access your permit number.
@@LedgerGurus thanks!
Do you still need a sellers permit?
Sorry, I’m not sure I understand your question. Do you mind providing more details?
Hi, how can i file a 0 file return in florida
We did a similar video for CA here. The principles are the same: th-cam.com/video/BlxgcWxPgt8/w-d-xo.html&lc=Ugw2MMnrGp3xDXSUET54AaABAg
I’m 16 trying to start a dropshipping store
When do I need to pay income tax
When do I need to pay Sales Tax
And what other taxes do I need to pay?
I’m selling footwear and it’s a one product store
Hi! Pay income tax and sales tax to your home state, worry about other states later.
@@LedgerGurus how do I keep track of income tax?
@@ZanyyNQ amazon gives you a 1099 that you can use to report.
I can’t submit application
Is it still not working?
Is it still not working?