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Berks Local Income Tax Form

Berks Local Income Tax Form

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Instructions and help about Berks Local Income Tax Form

today we're going to talk about sales tax sales tax is a tax imposed by the state and or local government on the sale of goods and services this is a tax that you collect from your customer at the time of the sale and then are in charge of remitting to the government agency so this is not a tax on you or your income You're simply the agent in the transaction so you're in charge of collecting the tax from the customer at the time of the sale and then you have to pay it to the local government usually quarterly or monthly it's important to know that sales tax is not an additional tax on you and your business in fact most governments offer a discount if you file your sales tax early so it's actually a way you can make a couple extra bucks each state is very different in terms of which goods and services they charge sales tax on and how much so this is something you need to understand fully when considering how it affects your business and how you op

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