Hey, Ben here! Sales taxes aren’t fun, but they don’t have to be scary either. Understanding Sales Tax Without Losing Your Mind In our Q&A, a new vendor asked how to handle sales tax — and I could tell right away he was overthinking it. So let’s break it down plain and simple. You’re not […]
sales tax
Most Street Food Vendors Are Overpaying Sales Tax (Here’s How to Fix It)
Most vendors don’t even realize they’re overpaying sales tax every dang time they vend. Well howdy! If you’re a street food vendor, let’s talk about sales tax. They’re Taking Your Money – And You’re Handing It Over Willingly Yeah, that dreaded thing that’s way too easy to screw up and even easier to overpay. But […]
Understanding EIN – FEIN – FED ID – SALES TAX ID
Simple and understandable. Understanding EIN – FEIN – FED ID – SALES TAX ID in less than 30 seconds. Starting now… All three of those above are exactly the same thing. I like to think it as a Social Security Number for my business. Although not for Social Security it is used to track your […]
How to Calculate Sales Tax the Easy Way
If you saw a $20 bill on the ground, would you pick it up or leave it there? Lots of hot dog vendors are leaving money on the ground every month because they are figuring out their sales tax wrong, and they end up paying too much! There are many hot dog business courses out […]
Part 8 A to Z Hot Dog Vendor Training – Setting Up Your Legal Business Identity
Need help setting up your business identity? Part of starting your street food business is setting up your business as a legal entity. In part 8 we will discuss sole proprietorships, corporate identities like INC and LLCs. I will give my personal opinions as I am not an accountant or tax adviser but you will […]