If a sole proprietor with an online business has an EIN, is he or she responsible for paying quarterly taxes and/or the 15.3% self employment tax rate even when they have generated no profit at all or a very low profit (ex. <400 dollars)?
If the online platform where customers place orders collects and remits the sales tax, does this excuse the seller from needing to obtain a sales tax permit?
If the online business platform I am using collects and remits sales tax in my state from customers’ orders, is it still necessary to register with the tax center in my state?
Should a sole proprietor obtain a business bank account with an EIN?
How would business property tax be handled for an online business with a non-residential business address?
