Does My Business Owe Sales Tax?
When you're starting a business, you might be wondering about your sales tax obligations and whether you need to collect taxes from your customers when making a sale. There's no easy answer to this question, and it varies depending on the type of product or service you sell and where you're located. Here’s what you should know about sales tax and how it might impact your business. Does your business owe sales tax? Businesses are typically responsible for collecting the required sales tax on the items or services that they sell. However, some types of products and services are exempt. Here are two...
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