Sales tax

Sales Tax in the United States: Calculation, Filing, and Support

Sales tax is an important tax for businesses in the United States. Its improper calculation or late filing can result in fines, disputes with tax authorities, and loss of profits. ILLION offers a comprehensive suite of services for calculating, administering, and filing sales tax returns, as well as assisting businesses in meeting legal requirements.

Who has to pay sales tax?

You must account for and pay sales taxes:

✔ Available e-commerce platforms include Amazon, eBay, Shopify, Etsy, and more.

✔ Retail stores and outlets engage with physical customers.

✔ Manufacturers of items that sell straight to customers.

✔ Companies operating in various states with a tax link in distinct locations.

✔ Compliance with the law is crucial for startups and small businesses, regardless of sales volume.

What does our Sales Tax Services cover?

1. Business registration with the tax authorities

• The definition of tax nexus varies across several states.
• To get permits, you must first register with the Department of Revenue.
• Registering and acquiring a sales tax permit.
  2. Calculate sales tax.
• Account for all states where sales tax must be paid.
• Calculate the tax rate (which ranges from 4% to 10% depending on state and city).
• Automated tax calculation using QuickBooks, Avalara, and TaxJar.
  3. Filing tax returns
• Submit reports on time (monthly, quarterly, or annually).
• Prepare and submit tax returns to state tax authorities.
• Correcting inaccuracies in previously submitted reports.
  4. Tax Payment Management.
• Sales taxes are paid through government channels.
• To avoid any penalties, please ensure payment is made by the deadline.
• Consultations on benefits and exemption from sales tax.
  5. Consultation and support.
• Clarification of Sales Tax Laws for Your Business.
• Support during tax audits.
• Analysis and modification of the tax approach.

Why pick ILLION?

✔ We ensure accurate sales tax calculation to avoid errors and penalties.

✔ We work with all states, including California and Florida.

✔ We optimize taxes and lower the tax burden.

✔ Transparent rates with no hidden expenses.

✔ Our online service is convenient for businesses around the United States.

Request a consultation! We will assist you in comprehending sales tax and avoiding complications with tax officials.

ILLION is a trusted partner for your business in the United States!