Month: February 2023

Businesses must learn the sales tax rates and regulations that apply to them or face the consequences. If you sell taxable products (which most products are), you’re required to collect sales tax from buyers. Sales tax is collected by retailers when goods and services…

During the month of September, total cash receipts at Colorado Fornia ski shop were $210,000 Okay, so notice they told us total cash receipts. They said, okay, including the revenue and the sales tax we collected, it was a total of $210,000. So when…