Check if you will be required to pay your returns electronically this new year.
Our second sales tax tip for 2012 involves e-filing (all 12 for 12 tips). Each state decides which payment options it offers to businesses. Some states require businesses with larger tax liability to make electronic payments. On the other hand, some jurisdictions do not have the infrastructure to support electronic payment. Continue reading
NC Helping Small Businesses Recover from Sales Tax Delinquency
In an effort to help small businesses recover from failure to pay sales tax liability, North Carolina Department of Revenue and the North Carolina Small Business Commissioners Office have teamed together to help small businesses bring themselves out of hock and into grace. According to the Triangle Business Journal, “The effort, dubbed the small business taxpayer recovery program, will offer penalty and fee waivers as well as payment plans.” Continue reading
