Calculating, Collecting and Submitting Sales Tax

Over the last 20 years, I have owned no less than 5 businesses. If there was one insight I could leave with you as a business owner, it is this - don’t ever go it alone on calculation, paying and filing your taxes. Getting behind on or missing payroll tax deadlines is probably the most perilous event you can face. The next most important thing to do, is to properly file and then pay your sales tax.