Can I be sales tax exempt from any purchases/companies that support it?
Amazon and sales tax exempt status question
Tax exempt certificate for amazon?
Is there a way to set tax exempt status to be OFF by default?
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I am a sole proprietor and own a small business, a jewelry store. One-man operation. For example, I get emails from Amazon about a business account and being sales tax exempt. Also from Comcast Business for my internet bill about being sales tax exempt.
Is it as simple as submitting my business info/TIN to be sales tax exempt? These would be business purchases/business use cases. Any implications with the IRS or law? I reside in TN.
Or is all of this just for non profit companies? I’m not a non profit.
I sometimes buy things to flip and shipping supplies on Amazon and I have a business license so those purchases are tax exempt. I also use the same account to buy personal items which are not tax exempt. Ever since I added my business license information Amazon has been taking the sales tax off all my items and I can't figure out how to make the exemption only apply on the correct purchases. Yeah, I'd like to not pay sales tax on anything, but I'd rather follow the tax rules in case I ever get audited.
What's the best way to handle this?