We are now a few weeks into the full swing of the COVID-19 crisis in the U.S. At this point most small business owners have worked through the difficult short-term checklist of considerations to ensure that their business endures. But with no definitive end to the crisis in sight, it's time to think longer-term .
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We’ve pulled together a collection of useful information from our POS partners and other sources geared toward helping you manage your business during the COVID-19 crisis.
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The uncertain business environment brought on by COVID-19 has businesses struggling to hold onto as much cash as possible. Many business owners are asking whether they should stop remitting sales tax and instead use it as working capital.
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In these unprecedented times of COVID-19, businesses large and small have been turned upside down. Paying taxes is likely one of the furthest things from the mind of most business owners, in spite of the fact that April 15th and April 20th tax deadlines are right around the corner.
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Many businesses who otherwise do a good job documenting their sales fall prey to a common sales tax trap - tax-exempt sales. In order to protect themselves, owners can follow simple guidelines ensuring these sales don’t fall through the cracks.
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We are headed into a very busy season for a lot of you! The ten biggest sales days of the year happen in November and December. Holiday shopping is one reason for the boost but even grocery retailers have a spike as everyone prepares for their special occasion meals, events, and gifts.
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27 states currently offer a program that lets you keep some of the sales tax you have collected if you pay early or on-time!
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There is considerable confusion amongst Florida restaurant owners as to who is responsible for collecting and remitting sales tax for orders from Grubhub, Ubereats and all the other 3rd party apps.
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Few words instill fear in a small business owner as a sales tax audit. Following a few best practices can help mitigate the risks and hassles of an audit.
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Third Party Apps orders are received on devices separate from your POS. Managing these apps through your POS creates better workflows and will save you lots of time and money when paying your sales tax.
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