Unfortunately, it’s pretty easy to fall behind on your sales tax, and it happens to more businesses than you might think. You are not alone, and there are steps you can take to get back on track and out of debt to the State.
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It is tax time, and we know how that goes for a lot of folks. Here are a few apps and services to help you automate and systematize parts of your business to make next year’s tax season much easier.
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Whether you are just starting out and ready to choose a point-of-sale system for your business or looking for something new, choosing a POS is a big decision. After all, this is an important technology that you will use to run, manage and grow your business. There are so many options out there. Here are a few things to consider to start.
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DAVO Technologies is excited to announce that their automated sales tax service is now available on the Vend point-of-sale platform. Vend retail customers in the United States can now use DAVO Automated Sales Tax to put their sales tax on autopilot.
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Playa Bowls is growing rapidly with over 100 locations today and more coming. They automated their sales tax with DAVO and never had to worry about sales tax while they focused on their growth.
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Your EIN is your Federal Employer ID Number. Think of it as your business's Social Security Number. Here is what you need it for, how to apply for it, and how to find it.
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Are you trying to put the right price in your POS so your sales tax is calculated correctly and you get the price you want? Our simple sales tax decalculator can help.
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Lightspeed customers can now enjoy a fully automated, hands-off sales tax management solution, freeing up valuable time while also being protected from large late payment fines from the state.
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This chart shows brick-and-mortar merchants’ daily sales revenue since early March and then a rolling 7-day average of those sales. The high point of the red line was on March 5th, 2020 while the low point of the red line occurred on March 31st, 2020. At that point, sales revenue had crashed by over 58% in just a few weeks. Now it’s down by 26% and steadily improving to a busy Memorial Day weekend.
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In these unprecedented times, it’s a real possibility that many small-to-medium-sized businesses will, despite every effort, be forced to close their business and declare bankruptcy. If these businesses had used the sales tax collected prior to closing their doors to sustain their business for a time, what will happen to that debt?
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