Why Should I Collect Sales Tax From My Client?

Every business must collect sales taxes on taxableyour obligation to collect sales tax is determined by the
products and services. As you start your business, thelocation of the buyer. If the buyer is located in a state
first thing you must do is determine if your products orwhere a sales tax applies, and your business has a
services are taxable, the tax rate, and the difference inphysical presence in that state, you must collect the
taxes if you are selling to individuals in different partssales tax from that buyer.
of your state. You must charge sales tax to your clientSimilarly, if you have any location, facility, employee, call
because you are selling products and providingcenter, address, or even one independent sales person
services to them.in a state than you have to collect taxes in that state.
Generally, for sales tax collection, you must get aIf your business changes its organizational structure
license from your state. On each taxable transaction,(for example, from a sole proprietorship to a
you calculate the applicable sales tax, collect it fromcorporation, a limited liability company, or a partnership),
the buyer, keep tax records, and then file a tax returnthe new organization must register as a sales vendor
and pay the taxes to your state. You'll pay monthly,and obtain a new reseller certificate for the new
quarterly, or annually, depending on your level of sales.business before you begin operating under the new
Similarly same rules apply for Internet sales andorganizational structure. You must also file a final return
catalog sales: You have to charge and collect salesfor your existing business and surrender the sales tax
tax when you deliver the product to a state in whichpermit or reseller permit that was issued to the
you have a "physical presence."previous business.
When you sell products or services over the Internet,