Monday, November 4, 2013

Payroll and Sales Taxes

If you have employees or sell tangible products i.e.: clothing, food, books, internet sales and many other items. As a business owner you may be required to file tax reports with the IRS, Franchise Tax Board (FTB), and/or the Board of Equalization (BOE).

If you have employees you need to make
sure that your payroll provider (Like Myself) is filing your quarter Tax reports to the IRS and the FTB. 

If you buy materials & supplies that helps produce the product that you sell, you can get a re-sellers permit so you do not have to pay sales tax to that vendor.






If you are selling a tangible product, then you are required to report your sales tax
to the Board of Equalization (BOE) and pay sales tax to them.

Do you sell in the city of El Cajon, La Mesa, Vista or National City in San Diego County? If so, there is an additional form you need to fill out to adjust the extra sales tax.

Give us a call 619 -726-1158 for a quote on your payroll services. We can help you get set up with the IRS, Franchise Tax Board and/or the Board of Equalization (BOE).

Keeping you connected and on top of your business is another piece to the puzzle. We can help you see the bigger picture. 

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