Do i have to send form to Texas Comptroller for Sale taxes ?
Well, first, I assume you have gotten a sales tax permit from them, and there's a number. If that's so, I'd definitely send in the form with zero sales made, and zero sales tax collected, as otherwise they'll assume you collected sales tax and "forgot" to send it in.
Do banks pay any type of sales tax to their state comptroller?
while you at the instant are not the owner i don't see how the sales tax reporting has something to do with you, in actuality, as not an proprietor you have not have been given any accountability curiously he does and desires in charge somebody for the negligence paying the sales tax--that could have been the onus of the vendors, not an worker, until you have been paid the take care of the corporation and did not accomplish that he can in all probability sue you in courtroom however the sales tax is the accountability of the vendors in whose call the corporation is registered
I have a Texas sales tax number but lost the certificate. Where can I find my number?
In New York, our company had to apply for a Certificate of Authority from the NY State Dept. of Taxation and Finance. The I.D. number on the certificate ended up being the same as our company's federal I.D., but you may have to apply separately with the right state gov't agency in order to properly collect (or be exempt from) sales taxes. Once you're registered with a Certificate of Authority, you can use that number on a Resale Certificate - a piece of paper you fill out when you're buying something that is not for your end use (meaning you will either re-sell the item or use it to make a product you will sell to consumers). This way you won't have to pay tax on that item or component - the tax will be collected only once, from the final consumer.
What if you collect sales tax and don't remit it?
In Texas, it is also called UNJUST ENRICHMENT. When you collect it, it is not your money, it is not your additional profit margin, it is not your overdraft to make payroll. You are holding it in trust for the state. You may have issues with government taxation but that doesn’t mean the sales tax you collect from the public is yours. It needs to be sent in. Or if you collected it in error, refund it back to the customer. In an audit, if the amount is substantial then an additional 50% fraud penalty is assessed on the amount of tax collected not remitted.You may say, "The corporation did this, not me. I'm in the clear." Texas Tax Code SECTION 111.0611 imposes personal liability on an officer, manager, or director of a corporation, association or limited liability company who “as an officer, manager, director, or partner, took an action or participated in a fraudulent scheme or fraudulent plan to evade the payment of taxes.”The personal liability is for taxes, penalties, including an additional 50-percent penalty if applicable, and interest that are due from a corporation. Actions that indicate a fraudulent scheme or fraudulent plan to evade the payment of taxes including filing, or causing to be filed, a fraudulent tax return or report with the Comptroller on behalf of the business entity, or filing, or causing to be filed, a tax return or report with the Comptroller on behalf of the business entity that contains an intentionally false statement that results in the amount of the tax due exceeding the amount of tax reported by 25 percent or more.
How do they calculate the costs of illegal immigration to the American taxpayer?
is hard to find the way something is obtained when that its based in something which is untruth or is based in numbers which have been altered intentionally and that cannot be proved to be right . this mainly happens because those who show those numbers usually do not have a leg to stand on . however number such as the ones provided by the state of Texas are out there for anyone to see and are highly available to the public . there is still many like the report in undocumented immigration by the FBI which has been posted thousands of times but when one looks for it in the FBI website one cannot actually find it , yet all those against the undocumented assume it is real . here the report by Texas : Undocumented Immigrants in Texas: A Financial Analysis of the Impact to the State Budget and Economy December 2006 This is the first time any state has done a comprehensive financial analysis of the impact of undocumented immigrants on a state's budget and economy, looking at gross state product, revenues generated, taxes paid and the cost of state services. The absence of the estimated 1.4 million undocumented immigrants in Texas in fiscal 2005 would have been a loss to our gross state product of $17.7 billion. Undocumented immigrants produced $1.58 billion in state revenues, which exceeded the $1.16 billion in state services they received. However, local governments bore the burden of $1.44 billion in uncompensated health care costs and local law enforcement costs not paid for by the state. -- Carole Keeton Strayhorn, Texas Comptroller coff coff when demand goes up prices actually go down . plus if i or anyone pays Taxes one can claim than one is actually doing so , the same applies to the undocumented . plus if we have demand what we really have is jobs being created , jobs which usually benefit greatly the Americans who work in construction and such . i also remember than i once was given a number which was about 4000 dollars spend in policing which i actually made mathematically right in my question and which concluded than the person who gave me those numbers did not actually pay much attention to what he was saying . by the way according to Forbes magazine only 5 percent of the undocumented have sent anyone to school .
Anyone sell avon in Texas?
My sister sales Avon in Missouri and they gave her a tax sheet with all the different taxes for different amounts of money totals. ask the Avon company for one
How do I collect sales tax when selling to a non-profit organization?
Sales taxes in the US are a totally local issue with rules varying state by state. I can give you a little guidance when dealing with Texas sales tax issues re. exempt organizations. When an organization purchases a taxable item for its own use, and is able to claim the exemption (you can't get an exemption for tax paid on parking for example), an exemption certificate must be accepted in place of the tax or the tax must be paid. In Texas, exemption certificates do not require a tax number to be valid. However if the same organization is purchasing items for resale, the organization needs to issue a resale certificate in place of the tax. In Texas, resale certificates do require a sale tax id number to be valid.Payment by check from an exempt organization does not cut it as documentation of the exempt status of the sale. The seller must have a properly completed and valid resale or exemption certificate in place of the tax. As an additional level of fun, you can be an exempt organization, exempt from paying sales tax but not exempt in paying the Hotel Occupancy Tax.But you as a sell are not required by the State of Texas to accept an exemption certificate. To make it easy, I’ll quote from one of the publications put out by the Comptroller, “Retailers are not required under Texas law to accept a claim for exemption, but may choose to do so by accepting, in good faith, a properly completed exemption certificate.If a retailer chooses not to honor an exemption certificate, the exempt organization can ask the seller to provide a properly completed Assignment of Right to Refund so the purchaser can request a refund of the tax directly from the Comptroller.”This is where you as a seller can use a bit of judgment. If someone comes in and asks to buy 100 boxes of ammo and gives you an exemption certificate from a church, and it looks fishy even to you, you do not have to take the certificate.This is the link to the publication I quoted from:Exempt Organizations: Sales And PurchasesPublication # 96-122http://star.cpa.texas.gov/view/2...So short answer, if you make a sale to an exempt org. and they want their stuff tax-free, just make sure you have a complete, properly filled out exemption form. If it is taken in good faith, and you have it in your possession before the start of audit field work, you should be in good shape.
Can a U.S. restaurant charge you sales tax on their Service Fee as well as on the meal itself?
I don’t know what a ‘service fee’ is but generally speaking sales tax is collected on any economic transaction where the buyer is the end user. Based on the name I am guessing that a ‘service fee’ is a fee the restaurant is charging for preparing and serving the meal (as opposed to the cost of the food items). In this case, just like at a car dealership where you pay for both parts and labor, you are taxed on both the cost of the food and the cost of the service.
What taxes do illegal immigrants pay and what taxes do they not pay?
Responding to: What taxes do illegal immigrants pay and what taxes do they not pay?Let’s take a walk through the taxes you are likely to pay and be aware of, good OP, and I’ll take it for granted we’re considering the US.When you purchase things in a store or restaurant, depending on the state you’re in, you probably pay sales tax as part of the overall cost. I can’t imagine any state issuing a tax exempt certificate to an illegal immigrant, so we can expect them to pay that tax.Likewise, when you put fuel in your vehicle, you probably would pay federal and state fuel taxes on each gallon. So would the immigrant.You may pay property tax for your home; or, if you rent, property tax is built into your monthly rent payment. The same would be true of the immigrant.Take a peek at your monthly cell phone bill. Notice some taxes there? They would be on a bill of an immigrant, just like on yours. The same would be true of other utilities.Now some biggies, the one you may have wanted to zero in on. Income tax (federal and/or state), Social Security, and Medicare. Chances are your paycheck stub shows deductions for those taxes, so while you don’t pay them directly it’s the responsibility of your employer to forward the deductions. The same would be true of immigrants working at a lot of jobs.However, there’s a thriving cash “under the table” labor economy in the US, and that is where a lot of illegals end up working. Those employers might withhold taxes; or they might not. The employers might forward payments to the state and the feds; or they might not. Regardless of which way the employer operates, any failure to pay withhold and/or pay taxes is the fault of the employer, not the immigrants.Beyond all I’ve mentioned, there’s the tangled web of illegals using stolen Social Security numbers; employers failing to properly vet employees; and how they impact the taxes that are withheld and paid. Those topics go beyond the original question, so lets leave them for another question or three.
If I didn't file my taxes last year, what do I need to do?
File a return.I'm assuming that you'll owe taxes when you do file and I'm also assuming this is for an individual return, not a business. What most people don't understand is there are two penalties: a failure-to-file and a failure-to-pay penalty. The former is the more severe of the two. The Failure-to-file penalty is 5% of the tax balance per month (or part of a month) that the return goes unfiled. The failure-to-pay is 0.5% of the unpaid tax balance per month (or part of a month) that the return goes unpaid. The minimum penalty is increased to 100% of the tax balance or $135 (whichever is smaller) if the return goes unfiled for 60 days, so file before mid-June if possible. With all of that said, I'll add that due to how to penalties are assessed, you should always file a return (or at least an extension) even if you can't pay the balance due. Also, if you owe and can't pay the balance, you can request an installment agreement. if the balance is under 25,000 and you can pay it within 5 years, they'll automatically accept the request. Please note however that there are fees for the application (reduced if you sign up for direct debit) and you continue to incur interest (I think currently 3%) while you still have a balance. You can request the installment agreement when you file your return.As a tax professional, I never file my return by the due date. I always file an extension, but I ensure I'm fully paid in (at least enough to not incur a penalty-- 90% of the tax balance) with the extension or through estimated payments. So not filing a return by the first due date isn't always a bad thing, just ensure you do it correctly.Good luck to you!