Do classes have to pay sales tax on materials used?
"In most jurisdictions, both the goods (raw materials) and the service (class) are being ""sold"" to the customer, who is the end user and thus the sale is subject to sales tax. So, when your friend charges for the class, that $100 is subject to all applicable sales taxes for the jurisdiction and all parent jurisdictions (usually city, county and state). The teacher should not have to pay sales tax when they buy the flowers from the wholesaler; most jurisdictions charge sales tax on end-user purchases only. However, they are required to have some proof of sales tax exemption for the purchase, which normally comes part and parcel with the DBA or other business entity registration paperwork in most cities/states.  Wholesalers deal with non-end-user sales (exempt from sales tax) all the time, but your average Michael's or Hobby Lobby may not be able to deal with this and may have to charge your friend the sales tax at POS. Depending on the jurisdiction, if this happens, your friend may be able to reduce the amount the customer is paying that is subject to sales tax by the pre-tax value of the materials the customer has paid for, which your friend already paid the tax on."
Dexmet® expanded metals and foils are the materials of choice in bushing and bearing construction. As compared to the typical extruded material or woven material, Dexmet expanded metal save money by eliminating waste AND will not unravel. Dexmet expanded metals and foils are available in a wider range of widths, thicknesses, and open area configurations than any other material type. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com. What fact?  &gt;It's true that some Americans don't pay federal income tax. But virtually all Americans pay some form of tax, whether it's sales, payroll, state income, or property tax.   &gt;Over 60% of those who don't pay income tax are working; they pay payroll tax, which goes to support Social Security and Medicare. Another 22% of those who don't pay income tax are the elderly; most of them don't work.   &gt;In fact, only about 8% of Americans pay neither federal income tax nor payroll tax, because they are unemployed, are students, or are disabled.   &gt;What is missing from all this talk about tax is the fact that although the rich pay higher taxes than the poor, middle-class people actually pay a higher percentage of their income in total taxes. True, federal income tax rates are progressive, with rates going to 35% for the top earners. But deductions and special treatment of capital gains reduce actual tax rates for the top earners. So what we end up with is upper-middle-class taxpayers paying the highest actual percentage of their income, over 31%, according to a 2010 study by the group Citizens for Tax Justice.  http://www.cnn.com/2012/09/20/opinion/ghilarducci-mcgahey-romney/index.html I don't think there's much you can do. Losses from the sale of personal-use automobiles (used for pleasure, commuting, etc) are not deductible as capital losses.  See IRS Tax Topic 409, end of the first paragraph.  The expenses you incurred in owning and operating the car (insurance, fuel, maintenance, service plans, etc) are not deductible either. If you used it partly for business, then some of your expenses might be deductible; see IRS Tax Topic 510.  This includes depreciation (decline in value), but only according to a standard schedule; you don't generally just get to deduct the difference between your buying and selling price.  Also, you'd need to have records to verify your business use.  But anyway, these deductions would apply (or not) regardless of whether you sell the car. You don't get your sales tax refunded when you resell the vehicle.  That's why it's a sales tax, not a value-added tax.  Note, however, that if you do sell it, the sales tax on this new transaction will be the buyer's responsibility, not yours. You do have the option on your federal income tax return to deduct the state sales tax you paid when you bought the car; in fact, you can deduct all the sales taxes you paid in that year.  (If you have already filed your taxes for that year, you can go back and amend them.)  However, this takes the place of your state income tax deduction for the year; you can't deduct both.  See Tax Topic 503.  So this is only useful if your sales taxes for that year exceeded the state income tax you paid in that year.  Also, note that state taxes are not deductible on your state income tax return.  Again, this deduction applies whether you sell the car or not. I believe you are confusing sales tax with income tax. The tax holidays in the US are only for sales tax. Consumers purchasing certain goods during the tax holiday do not have to pay sales tax like they normally would. Effectively the price is slightly lower during those days with the purpose of giving people an extra reason to shop at that time. During the tax holiday the stores make the exact same profit that they normally do, but they may experience a bump in sales simply because more people will shop during that time. Income tax for both consumers and the businesses is not affected by this. Although New York state was the first state to implement a tax holiday 20 years ago, they no longer have one today, though they do have certain goods which have a lower tax rate year round. Sales tax permits come from the state in which your business is operating.  You need a business license first for them to issue you one. US sales taxes are collected by the business and remitted to the government, you need the permit in order to do this. A bigger question is whether it's legal for you to engage in business in the first place.  What is your visa status? When you sell the spec home, you will owe taxes on the sales price minus the cost of the home, including the land, materials, paid labor, and other expenses. The fact that you pay for this with with the inheritance in the money market account won't affect the taxes you owe when you sell the spec house. What makes you think corporations don't have to pay sales taxes or property taxes (or excise taxes, or environmental impact fees or fuel taxes or any of a million other taxes that we all end up paying) even if they lose money that year? It means you must pay federal (and possibly state) tax on any income you produce in America -- including Internet and mail-order sales. Tax treaties may keep you from having to pay tax on it again in your own country, or may not.