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Incense Seller
Selling Incense
You first need to select the Incense business structure among a sole proprietor, a partnership, Corporation or LLC for your Body Oils business. Most small business that have few sales start as sole proprietors but also as LLCs.
Nevertheless, regardless of which one you choose, you will need a general incense business license. When you start a incense business is to register for sales tax because incense items are taxable. This is not specifically for incense business but a business license for any type of business because simply of the fact that you are a business selling incense for profit.
The seller's permit quiz above will direct you to obtain it with the rest of the Selling Incense licenses. The incense resale number is a tax exemption permit that you can get here online for a small fee that includes the government fee.
The seller's permit number enables you to buy Incense from incense wholesale suppliers at wholesale prices which means that you will not pay tax when you buy them but you need to charge tax when you sell them.
Depending on the rules of the Incense wholesaler, you may have to buy a minimum amount of incense such as sticks and Body Oils before they will let you get it tax free. For example, some wholesalers require that you buy at least $300 of merchandise in order to get it at wholesale prices tax free.
If you decide to hire help/employees to help you with Incense sales, you will need a federal tax id number and a state employer number. You may need employees to package the incense or sell it online.
You also need a federal tax ID if you are a Incense business partnership, an independent contractor, a corporation or an LLC.
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