Sales Tax Compliance.

6 02 2010

Alright, I’ve mentioned this before. In this era of increased economic sensitivity, governments are looking for further ways to ensure tax payment compliance. With regard to resident businesses, my recent post about paying use taxes is just one measure.  Sales taxes include another measure, and they can be tricky to determine.

Collecting sales tax is a monster of a time sink for small businesses to wrap their hands around, but an important one to figure out (especially if you don’t have a software system to do it for you). And as a reminder to Washington businesses, “reseller permits” issued by the Department of Revenue have replaced “resale certificates” as of January 2010. So to whittle down what may appear to be a complex issue, here are a few generalities a part of collecting sales taxes:

I hope this helps filter the relevant tax information applicable to your business. Washington state has several useful tools to help your business remain compliant – though, keeping up to date could be one of the hardest tasks; even big-box stores can’t get it right. For any further questions about filing your tax return, or new laws, rules, and notices, check out the Washington State Department of Revenue’s most recent Tax Facts publication (it comes out twice a year).

Here’s to regulatory success in the new year.

Photo courtesy of the Washington Office of the Secretary of State’s blog.



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