Sheri · Sheri Clothing Store · Sheridan, WY
Hi Sheri, a clothing store in Wyoming needs the Sales/Use Tax License, since clothing is a taxable good. Suppliers will normally ask for the license number plus a Streamlined Sales and Use Tax Certificate of Exemption before selling inventory tax-free. Sheri Clothing Store can be filed under a DBA if you stay a sole proprietor. Wyoming has no state income tax on wages, so employers register only for unemployment insurance.
Short answer: For a clothing store in Sheridan, Wyoming, the essentials are the Sales/Use Tax License, a federal tax ID number (EIN) and a local business license, plus an LLC or other structure.
In Wyoming, the seller's permit goes by the name Sales/Use Tax License. When you buy inventory to resell, the paperwork is a Streamlined Sales and Use Tax Certificate of Exemption. Suppliers generally accept a resale certificate only from a buyer registered for sales tax, so even a business that mostly buys and sells wholesale usually registers. Wyoming is a Streamlined Sales Tax member state, so buyers use the uniform Streamlined certificate for resale.
Industry code: NAICS 448140 (Family Clothing Stores), 458110 under the 2022 update
Get your Sales/Use Tax License filed · Start your LLC, DBA and EIN · Business licenses
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All Businesses Need a Sheridan Business License & a Trade Business Name ( Sheridan County Trade Business Name required if using a trade name).
Retailers / Wholesalers, Need a Reseller Tax ID, & a Business License.
Employers Need a Federal Tax Id Number (EIN), a WY State Tax Id ( State EIN), & a Business License.
Corporations, & LLC Need a Federal Tax Id Number (EIN)& a Business License.
Partnerships Need a Federal Tax Id Number (EIN) & a Trade Business Name, but also need a Business License.
Sole Proprietors May Use a Federal Tax Id Number as a WY Business Tax ID but also need a Business License.
Instead of filing a Trade Business Name, You Can Incorporate in WY or form a(n) WY LLC & You Will Not Need To File A DBA
The licenses below are required for all businesses including internet as well as home and businesses like Etsy etc.
1. Clothing Store Nearly all businesses need a(n) , Sheridan business tax registration.
2. Clothing Store All Businesses that use a business name to trade that is other than the surname and first name of a sole proprietor or a fictitious business name other than the LLC or Corporation legal name need a(n) Sheridan County DBA assumed business name certificate.
3. In WY you may also need a tax id called a resale tax ID or seller's license if you are selling touchable items. ( A.K.A WYseller's permit, state id, wholesale, resale, reseller certificate).
4. Keep in mind that employers will need to obtain a federal EIN and a State EIN tax identificattion number as well. I.e., a WY Federal Tax ID Number and a(n) WY State Employer Tax Number.
5. Instead of filing a fictitious business name DBA Filing in Sheridan, Incorporate in WY or form a(n) LLC.