How to Calculate Texas Sales Tax for your Business

Do you need help with your sales tax filings? We can assist you with that.
If you need help give us a call at 469-278-6239 or email me at [e-mail]
visit us on the web at www.profit-mode.com

[@Master_upholsteryLLC]

Beautiful actitud!!! thanks for explaining so quickly and easily.!!

[@bkvending]

Thank you so much for putting out this video. This made the sales tax that I need to pay more clear. I have a question. I own a vending machine business and I don’t charge taxes in the machine however when I purchase the snacks, candies, and sodas, I pay sales tax. I am just trying to figure out what do I put for those numbers since I don’t charge the location taxes. I hope this makes sense and look forward to your response

[@romulodejesus6401]

My question is… I have the Texas Resale certificate, If I buy some merchandise from Florida, Can I use my Resale certificate to don’t pay the state sales tax on Florida?

[@profitmodebizandtax]

Thanks for watching
Florida is a different jurisdiction than Texas. My expertise is TX. Not sure how Florida works. But I do know that if you sale outside of TX you do not pay TX sales tax. If I were you I would look for a Florida sales tax expert

[@SpaceCityExposures]

How do you account for sales taxes paid on the goods you sell? For example, does the $10000 of shirts include taxes you paid on that product? If so does that mean you pay 8.25% when you buy the item and then 8.25% again when you remit the taxes, assuming you don’t have tax emeption at the time of purchase?

[@profitmodebizandtax]

If you resell it and you pay tax, you can take it as a credit when you pay your sales tax. The best thing is to get your permit so that you do not pay sales tax up front.

[@SpaceCityExposures]

@@profitmodebizandtax thank you! In the process of doing that but this helps a lot! I wasn’t sure if you could take it as a credit or not. I’m in houston tx so it helps that you’re in Texas!

[@taylorramsey1088]

I have an online store and I sell to other states outside of Texas as well. So would I only calculate sales made from customers in Texas? If so then I would need to go through each individual purchase and check to see if that customer was in Texas and then add up all of their totals. I use paypal as my form of payment, would there be an easier way to find only Texas orders?

[@profitmodebizandtax]

For educational purposes only Check to see if they are collecting sales tax. You should be able to set the items that you sale to take sales tax.

[@crusaderz2]

I have an invoice for a client for more than 40k, does the sales tax change or it remains the same? TX business aswell

[@profitmodebizandtax]

It depends on the good and services being sold. To set up a consultation please email me at [e-mail]