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matthew0582

sales tax question i dont understand

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i understand how the sales tax works. You pay on what i sell it for but what i dont understand is do you just take the money amount you collect from every machine? now its a cash business how do you stay outta the audit department?

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i understand how the sales tax works. You pay on what i sell it for but what i dont understand is do you just take the money amount you collect from every machine? now its a cash business how do you stay outta the audit department?

Quite a few smaller vendor do not pay it. When I started and registered with the state (WV), I was required to pay it every quarter.  The state changed that to annual because of the amount.  I guess they figured the lower amount didn't need to be looked at as frequently. As my sales have increased over the years I have expected that they would change it back to quarterly but it still hasn't happened yet. I have never been checked by the state.

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Check with the state your in as its all different.

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