Coffee by Thirty doesn’t have a sales tax ID yet; with tax ID’s come a whole new slew of headaches, so we’re holding off until we actually need it. Having completed a glorious year of Silver Leaf, though, we obviously sold stuff. Thankfully, the state of Michigan makes this easy with the concessionaire’s tax return.
This nifty little piece of tax law allows vendors to file their sales taxes a couple times a year without needing the full tax ID. It’s very handy for tiny little businesses like me. Unfortunately, I found the drawback to this tax return the hard way.
The state doesn’t want to wait for it’s money. Prepping my tax return on the Thursday after the end of faire, I happened to glance at the fine print. Taxes are due three business days after the end of the event. Three days. Of course, I was filing on Thursday, also known as business day four. Fifteen extra dollars in penalites and interest later, my tax return dropped in the mailbox, bound for the money grubbing hands of the state of Michigan.
Frankly, I feel a little gypped. Three days is not a lot of time in the business sense. Some vendors from the faire aren’t even home yet after three days. Heck, I’m not even totally unpacked yet. This whole setup seems very mobsterish - easy to get into, but following the convenience comes the unreasonable terms.
I’m still waiting for the bounty hunters to come for me.