Consumers complain about sales taxes, but they are an even bigger headache for businesses who must calculate and remit these funds on a broad range of products – in some areas services as well – to a dizzying array of government entities. Even if there is no state levy, you may find that cities, counties or special taxing jurisdictions (e.g., lodging, transportation areas) demand you collect and remit sales taxes.
There are three steps you can take to ensure that your business meets its sales tax responsibilities:
There are three steps you can take to ensure that your business meets its sales tax responsibilities:
Understand general sales tax concepts
Find the specific rules for your state and locality
Turn to a specialty sales tax firm
Find the specific rules for your state and locality
Turn to a specialty sales tax firm
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