The Profit Priority Podcast

035. Should You Charge Sales Tax as a Photographer?

May 18, 2023 LoriAnn Kuntz
035. Should You Charge Sales Tax as a Photographer?
The Profit Priority Podcast
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The Profit Priority Podcast
035. Should You Charge Sales Tax as a Photographer?
May 18, 2023
LoriAnn Kuntz

We do monthly bookkeeping for a lot of photographers, and SALES TAX is something that we make sure to look into for them. Each state has different rules on what's required for photographers (like charging sales tax for physical vs digital products), so you want to make sure that you're doing things by the book for your state. I've had a client that needed to pay 3 years worth of sales tax that she didn't charge to her clients, and I have a feeling you'd like to avoid that situation. So tune in to learn more about charging sales tax and some resources to help!

What's in the episode:

  • What is sales tax? [01:24]
  • Two different ways to look at photography: what you need to know [04:54]
  • Being aware of Economic Nexus [07:24]
  • Tip for invoicing + other resources [08:51]

Resources Mentioned:

Connect with LoriAnn on Instagram
Follow Profit Priority on Instagram
Visit our website

Grab our FREE Business Expenses and Deductions guide!

Do you wonder why your bank account balance doesn't match your Profit & Loss? Maybe you had a great month and you're wondering where all your money is going. This is due to cash flow. Your cash flow is the heart beat of your business and for a business to be healthy, you need to have a healthy cash flow.

I have created a FREE Cash Flow Projection Template so you can maximize your cash!

Show Notes

We do monthly bookkeeping for a lot of photographers, and SALES TAX is something that we make sure to look into for them. Each state has different rules on what's required for photographers (like charging sales tax for physical vs digital products), so you want to make sure that you're doing things by the book for your state. I've had a client that needed to pay 3 years worth of sales tax that she didn't charge to her clients, and I have a feeling you'd like to avoid that situation. So tune in to learn more about charging sales tax and some resources to help!

What's in the episode:

  • What is sales tax? [01:24]
  • Two different ways to look at photography: what you need to know [04:54]
  • Being aware of Economic Nexus [07:24]
  • Tip for invoicing + other resources [08:51]

Resources Mentioned:

Connect with LoriAnn on Instagram
Follow Profit Priority on Instagram
Visit our website

Grab our FREE Business Expenses and Deductions guide!

Do you wonder why your bank account balance doesn't match your Profit & Loss? Maybe you had a great month and you're wondering where all your money is going. This is due to cash flow. Your cash flow is the heart beat of your business and for a business to be healthy, you need to have a healthy cash flow.

I have created a FREE Cash Flow Projection Template so you can maximize your cash!