Posts by this-mama-rocks

"You never did comment on the benefits of hiring an attorney for $500 to save $100"My point was: most CPAs have little to no training in this area, and if you want accurate, professional guidance in this area, you would have to hire a...

Paying the tax is not what will kill a small business. The penalties and interest usually doubled a taxpayer's assessment, and sometimes tripled it. Wow, you are just so......condescending, snotty, and defensive when someone else...

Quote:Originally Posted by scp1127I'm not arguing, but a separate sales tax CPA and lawyer in that field is just too unrealistic for most of the people with little cake businesses. Which is why I tried to offer some specific, detailed...

Keeping good records is only part of the answer. Knowing the tax codes that affect your business, and using that knowledge to reduce your tax/penalty/interest exposure is the other part. And as I mentioned, most CPA's do not have...

And CPA's are usually NOT trained in the world of sales and use taxes. I audited many, MANY taxpayers who shrieked at me about WHY didn't their CPA tell them about this???!!!!!It's better to give someone more information than they can...

And OP knew all your assumptions...how?The answers to your questions about in-state purchases was addressed pretty thoroughly in the other thread. It's a pretty lengthly explanation.

And the next sentence reads "In those instances, Jason, additional use tax WOULD be due on those transactions.". Which means "no use tax would be owed on those transactions" is not true.

Quote:Originally Posted by scp1127this-mama-rocks, I am well aware as well as I'm sure Jason knows the law. But the majority of CC members have probably never even heard of use tax, so simplicity is key. I addressed the interstate...

Quote:Originally Posted by jason_kraftEvery state with a sales tax has a use tax as well, but for most businesses the vast majority of their purchases will already be subject to sales tax, so no use tax would be owed on those...

Glad to know we CAN screw over other bakers when it IS a wedding cake - thanks for clairifying! lol