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July 19th, 2008, 04:44 AM | #16 |
Inner Circle
Join Date: Sep 2004
Location: Sacramento, CA
Posts: 2,488
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In California any video project with a physical end-product is taxable on the full amount charged to the client. The time which goes into producing the video is considered part of the product value, not a service.
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July 19th, 2008, 08:41 AM | #17 |
Major Player
Join Date: May 2005
Location: Columbia,SC
Posts: 806
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I just paid SC $1750 in sales tax. It is one of the things about doing business, as much as it hurts taxes mean you have revenue. As long as there is planning involved, it's not too bad. We have started tacking on sales tax to all of our orders now that we are getting more revs. Good luck.
Bill |
July 19th, 2008, 09:53 AM | #19 | |
Regular Crew
Join Date: Dec 2007
Location: Amherst, OH
Posts: 134
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Quote:
What Kevin has stated is the same thing that my two brothers in law who are both CPA's and three different people from the OH dept. of taxation have told me. Also when I do a commercial for a business, they also have sales tax added on. The thing I had never understood about this argument / discussion is the misconception of some that the tax is coming out of your pocket. It shouldn't be. the amount should be added to the invoice ( 1000.00 + 55.00 sales tax = 1055.00). In 22 years of this madness we call video, I've had ONE person make an issue of it and his invoice was very small.
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John Sirb Lake Breeze Video |
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