I am wondering if it is unique for me to have to charge sales tax on the entire cost of every repair I do, I live in Utah and they charge tax on labor here.. Is that rare?
Thanks for the input in advance
Jared
Sales Tax on Repairs
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Anonymous
Sales Tax on Repairs
I have had the same question. In Washington, there is an 8.5% sales tax on parts and labor. Can I add this charge to my network billing set rates! I have asked this question to the network reps when I call in a job. But, they don't know either.
Chris
Chris
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Anonymous
Re: Sale Tax
In NY there is tax on Labor..But if you are doing a commercial establishment ie: Bus Co.,Car Dealer,Rental Car Business etc...they have a Tax resale so you don't charge them tax..but would need a copy of the resale number etc.
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Anonymous
Sale Tax
Here in the Commonwealth of Virginia, there is no sales tax on labor. The only requirement to collect 4.5% sales tax is on any merchandise you sell.
As for the networks, add the sales tax to your invoices. The worst thing that can happen is that they won't pay the additional fee - just one more reason to tell all networks no thanks!
Mike Burstein
Dominion Windshield Repair Inc
www.ChipDr.com
As for the networks, add the sales tax to your invoices. The worst thing that can happen is that they won't pay the additional fee - just one more reason to tell all networks no thanks!
Mike Burstein
Dominion Windshield Repair Inc
www.ChipDr.com
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Anonymous
tax
Hello All,
Tax Aspects of Sole Proprietorships
A sole proprietorship can be defined as any unincorporated business with a single owner. It's the most commonly used form for new small businesses. If your business has only one owner, the IRS will presume that it's a sole proprietorship unless you incorporate under state law.
From the IRS's perspective, the business not a taxable entity. Instead, all of the business's assets and liabilities are treated as belonging directly to the business owner. When tax time rolls around, all income and expenses generated by the business are reflected on either Schedule C, Profit or Loss from Business, or Schedule C-EZ, Net Profit from Business. Whichever of these forms you use, it must be included as part of your annual individual tax return (Form 1040).
I would CYA in your state though... I am not sure about the other types of company setups.
Pay it foward,
Brian
info@safeglasstechnologies.com
http://www.safeglasstechnologies.com
Tax Aspects of Sole Proprietorships
A sole proprietorship can be defined as any unincorporated business with a single owner. It's the most commonly used form for new small businesses. If your business has only one owner, the IRS will presume that it's a sole proprietorship unless you incorporate under state law.
From the IRS's perspective, the business not a taxable entity. Instead, all of the business's assets and liabilities are treated as belonging directly to the business owner. When tax time rolls around, all income and expenses generated by the business are reflected on either Schedule C, Profit or Loss from Business, or Schedule C-EZ, Net Profit from Business. Whichever of these forms you use, it must be included as part of your annual individual tax return (Form 1040).
I would CYA in your state though... I am not sure about the other types of company setups.
Pay it foward,
Brian
info@safeglasstechnologies.com
http://www.safeglasstechnologies.com
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Anonymous
Re: tax
New Mexico makes it simple. Everthing is taxed here. Food, medicine, clothes, doctor visits, hospitalization, services....EVERYTHING! I suspect even the air we breathe might also be taxed.
There has been talk about eliminating the tax on prescription drugs, but maybe that was just for senior citizens, because we still paid tax on the most recent prescription about 2 weeks ago.
In any case, windshield repair is a taxable service here, except in the case of clients with tax exempt status: churches, car dealerships (because of re-sale, it is considered a cost passed on to the purchaser, etc.
There is also no difference whether it is a corporation, sole proprietorship or partnership, every business here is required to collect the appropriate amount of tax according to the area in which they are doing business. ... That's another thing here... the state sets their tax rate, each county tacks on what they consider their fair share, then the incorporated areas add the percentage that they want to get. Tax in NM can be as low as 5.5% or a high as 7+%, according to the county and city. If you think you are confused by this, try doing business in several incorporated areas, in several different counties, when you are supposed to charge tax according to the ground you are standing on at the time! YIKES! It can really bog you down if you dont stay on top of it.
There has been talk about eliminating the tax on prescription drugs, but maybe that was just for senior citizens, because we still paid tax on the most recent prescription about 2 weeks ago.
In any case, windshield repair is a taxable service here, except in the case of clients with tax exempt status: churches, car dealerships (because of re-sale, it is considered a cost passed on to the purchaser, etc.
There is also no difference whether it is a corporation, sole proprietorship or partnership, every business here is required to collect the appropriate amount of tax according to the area in which they are doing business. ... That's another thing here... the state sets their tax rate, each county tacks on what they consider their fair share, then the incorporated areas add the percentage that they want to get. Tax in NM can be as low as 5.5% or a high as 7+%, according to the county and city. If you think you are confused by this, try doing business in several incorporated areas, in several different counties, when you are supposed to charge tax according to the ground you are standing on at the time! YIKES! It can really bog you down if you dont stay on top of it.
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Anonymous
re: state sales tax
In Louisiana there is sales tax on everything. When you sign up with sgn & lynx, one of the questions on their form asks if you are required to collect sales tax. If you say 'yes', they ask that you send in your state and local tax id forms. Then you can add tax to your invoice.
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