Did that get your heart going? Then you’re like business owners all over the country trying to get sales tax under control but struggling to do so. It’s one of the most annoying aspects about doing business these days, particularly for eCommerce businesses.
Why? Because so many states are trying to get as much money as they can, including from online business owners who sell taxable goods to customers in their state. Do you have an employee in one state? You likely have sales tax nexus there. Do you store your inventory in a warehouse in another state? Then you’re likely required to collect sales tax in that state, too.
Some states want your payments monthly. Some want them quarterly. Some even just annually. But if you’re paying sales tax to a bunch of states, how are you supposed to keep up with all these due dates?
What’s worse is you might not have any sales tax due to a state but you could still get hit by a penalty, since many states require you to check in with them anyway. You could have collected exactly $0 in sales tax from customers in a state and suddenly find yourself owing $50.00 because you didn’t file. (I’m looking at you, Texas.)
In other words, if you sell on multiple platforms and owe a sales tax filing in multiple states, you might suddenly find yourself in a bind in a month like July where almost all states require you to pay the piper. So how are you going to keep up with all this insanity?
Sales Tax Automation is Here to Help
Over at TaxJar, nothing makes us happier than solving problems for business owners. We know how stressful it can be to you’re a business. After all, sales tax is just a small part of your day to day. Handling these administrative issues just gets in the way of growing your business like you want.
July is the perfect time to find help because almost every single state has a due date. Whether you pay monthly or quarterly taxes, you most likely have a payment or filing to make this month. Remember, this likely also includes states where you are registered to collect sales tax but where you didn’t make any sales in this filing period.
Because we’re so focused on helping you achieve the success you want with your business, we’ve compiled a list of July sales tax deadlines at the TaxJar blog. Go check it out and see all the states you should be concerned with this go-round.
Then you’re free to work on your business – until your next sales tax due date rolls around!
Mark Faggiano is the founder and CEO of TaxJar, a service built to make post-transaction sales tax compliance easier for multi-channel ecommerce sellers. Try a 30-day free trial of TaxJar – we import your sales and tax data from the various channels where you sell, like eBay, Amazon, and Shopify, or your payment processors, like PayPal, and then get your info file-ready for each individual state. No more spending way too much time filing sales tax. Sign up today so you can get back to running your online business!
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