Why Do Bars Include Sales Tax in Their Drink Prices?
Should bars still include sales tax in the price of their drinks or are they actually subsidizing part of the drink for all of their customers and giving up revenue?
Lee mas
Should bars still include sales tax in the price of their drinks or are they actually subsidizing part of the drink for all of their customers and giving up revenue?
Lee mas
As a restaurant owner during COVID-19, you are probably relying heavily on 3rd party apps (3PAs) such as Grubhub, DoorDash, and Uber Eats. With delivery likely being the vast bulk or possibly only revenue stream available to you, it’s vitally important that you understand who is responsible for collecting and remitting sales tax through these 3rd party orders.
Lee mas
Many of you have pivoted to offer take-out, delivery, and maybe even online sales during the COVID-19 crisis. If you are new to these services, we want to remind you that you need to check how the items you are selling are taxed in your state. It’s not as cut and dry as it may seem.
Lee mas
We are now a few weeks into the full swing of the COVID-19 crisis in the U.S. At this point most small business owners have worked through the difficult short-term checklist of considerations to ensure that their business endures. But with no definitive end to the crisis in sight, it's time to think longer-term .
Lee mas
We’ve pulled together a collection of useful information from our POS partners and other sources geared toward helping you manage your business during the COVID-19 crisis.
Lee mas
The uncertain business environment brought on by COVID-19 has businesses struggling to hold onto as much cash as possible. Many business owners are asking whether they should stop remitting sales tax and instead use it as working capital.
Lee mas
In these unprecedented times of COVID-19, businesses large and small have been turned upside down. Paying taxes is likely one of the furthest things from the mind of most business owners, in spite of the fact that April 15th and April 20th tax deadlines are right around the corner.
Lee mas
Many businesses who otherwise do a good job documenting their sales fall prey to a common sales tax trap - tax-exempt sales. In order to protect themselves, owners can follow simple guidelines ensuring these sales don’t fall through the cracks.
Lee mas
We are headed into a very busy season for a lot of you! The ten biggest sales days of the year happen in November and December. Holiday shopping is one reason for the boost but even grocery retailers have a spike as everyone prepares for their special occasion meals, events, and gifts.
Lee mas
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