Guest Post
by Jane Steen
I never intended to get into the business of selling books directly to the public. Yes, the profit margin’s higher — $2 to $3 more per book than selling online or through a bookstore. But a sale online comes with a hike in my sales rank, and vendors take care of sales taxes and shipping — so why should I bother?
But I started getting invited to local events, accompanied by: “And we’d love it if you could bring books to sell.” Fine, I can do that, I thought. What would I need? A receipt book, some method for keeping records, a means of taking credit card payments, and … oh heck. I’m going to have to charge sales tax. I’m an Illinois resident, and in Illinois, there’s no lower limit under which you’re free to sell merchandise without charging sales tax. You’re required to charge it whether you sell goods as a professional or a hobbyist. Continue reading “But I just want to sell a few books … my experience with PayPal Here and sales tax”