Legal Question in Business Law in Iowa
business questions
My wife would like to set up a web site to sell the crafts that she makes. Would she need a tax id number??? What else should she be aware of???
Asked on 2/08/07, 4:31 pm
1 Answer from Attorneys
Robert Luedeman
solo practitioner
Re: business questions
At the present time she need only have a tax number and collect sales tax for sales within the state of Iowa. She will have to report any income so you will be doing a schedule C for your federal taxes. Keep careful records of your expenses and mileage.
Answered on 2/08/07, 7:19 pm
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