Cliff Ennico's "Succeeding in Your Business" column offers straightforward small business advice and tips. Ennico is best known for his PBS series "Money Hunt," as well as his weekly program on the internet radio station smartbusiness.com. Based in Fairfield, Connecticut, he acts as corporate legal counsel for many up-and-coming companies, and teaches courses in business law and industrial organization at several colleges and institutions. He is also a regular speaker at small business conferences, seminars, and workshops.
People frequently confuse "ownership" of something with the "intellectual property rights" to that something. The two concepts are quite different.
If you are taking orders for products or services on a trade show floor, taking the customer's money there and fulfilling the order later from your home office, you are liable for sales tax.
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