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Thread: Do you have to charge Sales Tax?

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  1. Default Buffer Money 
    #11
    Join Date
    Mar 2011
    Location
    Raleigh, NC
    Posts
    377
    BrotherMysterio makes a good point. There are a lof ot little "gotchas" in the business of entertainment (not just Haunted Attractions by the way). My wife and I have been in the entertainment business for a long long time, and have seen a lot of promoters walk in the door with no money in their pocket expeccting to walk out with 100% of ticket sales, only to find out there are a lot of other little fees and "taxes" that are lingering in the shadows. Best to have a contingency fund just for dealing with those little buggers.
    Travis "Big T" Russell
    President
    Big T Productions Inc

    Owner and Operator of "The Plague" and "Camp Nightmare"

    Customer Quote of the year: "Damn, I pissed myself"
     

  2. Default  
    #12
    Join Date
    Nov 2011
    Posts
    540
    I am new to this whole bit. I've been in retail for soo long it's not funny. I'm a mechanic and I love welding, but in my 36 year life, my career consists 90% of retail. The bad thing... I have ZERO knowledge of the tax setups and all that. What venues I DID have, I always had help with that stuff, it always seemed easy, but doing this by myself with my brother and wife helping... ehh yeah. It's rough.


    My thoughts are this. Do what BM said and stick back a rounded up figure. Throw that in a seperate account / safe and keep it there until I KNOW for sure. Although I'm sure we have to pay in Arkansas. This way, when the numbers come down and it's said "You need XXX.XX money.." I should have XXX.XX + some to help out in case it's off and I have to pay more than I should. I hear the stories of people showing the numbers and STILL end up saying that it wasn't right and they owe more.

    Luckily, we live onsite now, same big building with our workshop, there's a house here too which will eventually (hopefully after this year we'll have the dough) to renovate and make it livable. All this haunt has to do is pay the rent and taxes! If it does that, we're in heaven.


    We all learn. Unfortunately, this is one of the bigger lessons for a newb.


    Dewayne
     

  3. Default  
    #13
    Join Date
    Oct 2008
    Location
    Arroyo Grande, CA
    Posts
    238
    California has no sale tax on event admission (currently)
    Randy Russom

    www.midstatescare.com
    Mid State Scare - San Luis Obispo and Santa Maria's favorite Haunted House
    2013 - Hmmm, we shall see what gets conjured up
     

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