All right, people! What's up? This is Kevin from Dropshipping: The Way of Life, back at you with another new video. It's been a while, I've only had two videos. Yeah, it's been a while, but I've been alone enough. Alright, so what I want to talk to you today about is becoming tax-exempt. I'm by far not a tax professional, but I am tax-exempt in quite a few states. I only have about maybe seven more to get tax-exempt and to get my resale certificate in. And it's really easy to do it. You can lower your price by seven and ten percent. You have to admit that sales tax, but you can charge less upfront so you get more sales. Even though they're gonna pay sales tax after they buy it, they're still gonna choose the lower price the day that's in front of their face to start with. The price could be the exact same as what somebody else is charging that doesn't include it already has tax included after they buy it from you, and then you charge them tax. It could be the same exact price, but they're gonna buy it from the person as the cheaper or like the price they see this cheaper whether they pay tax on it or not. So, overall, it just gets you more sales and you make more money. Sorry, it's really easy to do. The first thing you want to do is you want to register a business. Alright, so in the state that you're in, you want to register your business. You want to become an actual business owner, registered business owner. So, whatever state you live in, this is what I did. I live in North Carolina. So, I just went to I typed in how to...
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Nys tax exempt st-119 Form: What You Should Know
Use tax on all the products and services the organization purchases and/or uses in the State of New York. Feb 14, 2024 – We'll issue a tax exemption for you. It will contain your six-digit New York State sales tax exemption number. ST-119.2 Sales Tax.NY.gov Please read this important information before you submit your application. It will help you prepare and complete the application correctly. If you have any problem using this application, please contact us. For help with sales and use tax, call our toll-free Sales and Use Tax Help Line at anytime, Monday through Friday, between 8 a.m. and 6 p.m., Eastern Time, or write us a letter. Please understand that you are using our website for tax advice.
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Video instructions and help with filling out and completing Nys tax exempt form st-119
