#sales-tax
Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses
Below $30k/mo in US sales, TaxJar or Stripe Tax wins; above it, flat-rate Anrok or Avalara cost less — pricing, filing, and certificates compared.
Most US restaurants charge $20-$25 per bottle in corkage; the fee is a taxable service charge, so ring it separately and run staff payouts through payroll.
A state amnesty wipes penalties — sometimes interest — if you pay back taxes inside the window; Indiana and Illinois show how narrow the terms run.
Shopify payouts are net settlements, not revenue — book gross sales, split every fee, and stage chargebacks; your 1099-K reports the gross to the IRS.
Shopify labels bill separately from payouts — split each invoice, book postage to COGS, and remit sales tax collected on shipping.
When an online seller charges no sales tax, you owe use tax to your state at your local rate. Here is how to self-accrue it each month.
Dissolving a corporation or LLC takes a state filing, a final return with the box checked, and Form 966 within 30 days — miss one and the bills keep coming.
Registering your LLC is not a license to operate. Most businesses need federal, state, and local permits — here is how to find every one of yours.
If 50%+ of your metered electricity or gas runs production equipment, Texas, Indiana and other states exempt the whole utility bill — plus 3–4 years of refunds.
Record BFCM promo codes as contra revenue, reconcile processor payouts weekly, and accrue December's ~17% holiday returns before year-end close.
Price each rental off replacement cost — about 1/20 per day — capitalize the fleet under Section 179 or bonus depreciation, and track utilization per item.
Illinois ended its 1% state grocery tax in 2026, but 600-plus towns reinstated it by ordinance — check your town's rate or remit the 1% uncollected.
