Sales

Tax

There's no need to be intimidated by the word tax! Everyone is always worried about wronging the government, but there's no need to worry with Paparazzi. All the sales tax is paid upfront when you purchase jewelry from Paparazzi as a Consultant. It can be beneficial to charge your tax rate for each accessory that way you can pay yourself back as you sell and make full profit back on each purchase. Talk with your CPA about the sales tax that you do not collect from a customer and how you can write it off on your taxes. Don't forget that you are responsible for how much income tax you owe. Make sure that you keep track of your sales and write-off to get accurate numbers. ‚Äč