Trying the General business forum...didn't get a response in the 'Startup' forum.

Hi everyone,

I'm a startup business owner and been reading through the forums the last couple days. I plan on selling computer equipment & accessories online. I know...an already saturated market, but theres a few items I'm pretty confident I'll be successful in selling Of course I'm facing the toughest obstacle in finding wholesalers just like many others here, but I feel like I have a pretty good strategy for that.

My question to the forum is about licenses & taxes. I have my EIN\business tax ID, and I've applied for my resller's license. I realize that allows me to purchase wholesale items without tax. I'll be reselling the items online and the majority of customers will be out-of-state so there won't be any sales tax. Where in this process should taxes be accounted for ? Also, looking for suggestions on methods for keeping up with & reporting these taxes ?

My other question...given my scenario, is it neccessary to have a "business license" ? I was under the impression that was needed only if I'd be doing any business locally and charging in-state tax. A simpler way to put it...if I'm selling retail exclusively online to out-of-state customers...all I need is a tax id and resellers license ?

Thanks in advance for any comments and advice.