I do not plan to do this any more than hobby-level time. I don't expect that I'll make more than a few hundred dollars of sales (gross) in a year. (And since only sales in-state require me to pay sales tax, only some small fraction of that would go to the state, probably.) If I were filing singly, my income wouldn't meet the threshold for reporting at all.
If they (the IRS) really want 15% of $200, they can have my $30. It's not going to make a difference, really.
The town's business license form requires an EIN, which I will not have, because I don't have employees, and I'm not paying myself a salary. This is a hobby. I do not plan to open a shop or whatever, and I'm not going to pay a fee for a HOBBY. It will likely be more than my expected income. http://www.ci.hillsborough.nc.us/content/business-license (The link to the town code is broken for me.)
Also, technically, my HOA forbids running a business out of my home. They don't say anything about hobbies.
no subject
http://www.dornc.com/practitioner/sales/bulletins/section1.pdf is the relevant section of the NCGS regarding sellers. (Scroll past all the definitions.) The form NC-BR is here: http://www.dor.state.nc.us/downloads/fillin/NCBR_webfill.pdf Only wholesalers have to get wholesaler numbers. Otherwise you just tick the "retail" box.
I do not plan to do this any more than hobby-level time. I don't expect that I'll make more than a few hundred dollars of sales (gross) in a year. (And since only sales in-state require me to pay sales tax, only some small fraction of that would go to the state, probably.) If I were filing singly, my income wouldn't meet the threshold for reporting at all.
If they (the IRS) really want 15% of $200, they can have my $30. It's not going to make a difference, really.
The town's business license form requires an EIN, which I will not have, because I don't have employees, and I'm not paying myself a salary. This is a hobby. I do not plan to open a shop or whatever, and I'm not going to pay a fee for a HOBBY. It will likely be more than my expected income. http://www.ci.hillsborough.nc.us/content/business-license (The link to the town code is broken for me.)
Also, technically, my HOA forbids running a business out of my home. They don't say anything about hobbies.