I have a couple of questions about taxes. I just recently got my small business legal by registering with the state. It is a sole-proprietorship, in Louisiana. As far as I know I have to charge taxes for my services (tutoring, fixing computers), as well as for all of the parts I buy and then sell to the customer (when I install a router, etc).
I would just like to make sure this is correct. I'm absolutely ignorant when it comes to taxes.
Also, question - I should still have to charge tax on a product that I buy locally or on the Internet. Is that correct?
I would just like to make sure this is correct. I'm absolutely ignorant when it comes to taxes.
Also, question - I should still have to charge tax on a product that I buy locally or on the Internet. Is that correct?