₪₪₪ Tax law Tennessee when to pay sales and use tax?
Ok, i get the basics of sales and use tax. Unfortunately a little late since ive owned and ran a business for about two years and let a cpa handle it all-which was incompetent.Anyway, i have closed my doors now and have a few months worth of tax returns to remit. Theres only one problem, BEFORE i submit them i need to know ……If i sold personal items say, from a car i had bought -like parts from the car on ebay or craiglist or something like that from the computer in my store should i be including a tax payment for those also?From what i have read the answer is NO. But i would like someone elses input.One would think this was a stupid question, but after looking over some of the latest headlines around here for tax evasion or tax fraud i want to be VERY cautious about how i handle this matter lol. Its already bad enough that i have not filed them yet, but i really dont think they take it as hard on LATE returns as FALSE returns so i just need to get this one put to bed ASAP. thanks!
Category: IRS Problems
