2023 Session Descriptions
Selling the fruits of your labor should be an exciting part of your entrepreneurial journey. We will discuss the sales and use tax issues to ensure you are in full compliance with tax law. There are different tax roles your business may take on throughout the business process such as agricultural, manufacturing, or contractor but in this presentation, we are focusing on retailer. Attendees will learn what types of products are taxable, when a business is required to register and collect sales tax, and what purchases qualify for resale or are subject to use tax. Questions are always welcome throughout the presentation. Top three takeaways: 1. What types of products are taxable 2. When to collect and remit sales tax 3. When to remit sales/use tax on purchases