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Q. Do we have to collect sales tax on items sold at an auction?
JM, Latin SchoolA. You must check with the Secretary of State of your State as this is an issue that is totaled controlled by the state tax authorities. We are aware that several states, including Maryland and Florida do require the collection of sales tax even though you may be a C105.3 non profit organization.
Q. Should we let guests know that certain items are on consignment?
RW, Boys & Girls ClubA. Yes. We suggest a sign or a note on the bid sheet that simply states that "A Portion of the Proceeds from the Sale of this Item Goes to the "Organization"."