Charging Sales Tax

[Guest guest]

Hello everyone,

 

 

 

THANK YOU so much for replying to my inquiry.

 

 

 

I do live in Texas, and of course I pay sales tax to TX. I have been taking

the tax out of my profit, meaning that when we do a show, I do not charge

the extra tax % to my customers. My engineer husband formulated an Excel

spread sheet for me to use that calculates the sales tax based on my sales

and then I subtract that % and pay it. Sales generated from my website are

automatically calculated by my shopping cart and added to my customer's

order. For shows, though, I did not want to deal with the coin change.

 

 

 

I will take all of your advice. I will contact the State of TX

Comptroller's office and make sure that I am doing everything by the book.

I didn't think it mattered to TX which way I did it as long as they got ALL

the money that they have coming to them.

 

 

 

Just and FYI, the reason I was asking about this is because I am trying to

decide if we went to use a cash register or not. It looks like I will be

buying one. ;o)

 

 

 

THANK you again. You guys are AWESOME!!

 

 

 

Blessings,

 

Ro

 

 

 

 

[Guest guest]

I also am in Texas and I pay annually.

 

My bank (Compass) set me up a seperate sales tax account to assist in

keeping track of it.

 

 

Best Regards,

Julie