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Author Topic: Sales Tax ????  (Read 1611 times)

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Offline terrifictimbersllc

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    • Terrific Timbers LLC
Re: Sales Tax ????
« Reply #20 on: August 05, 2018, 08:06:41 AM »
When I started my business I got some bad advice, that as a service business, I didn't need to charge sales tax.  A couple of years later I was in a small business course at the local junior college and we had a session with someone from the Revenue Dept.  They determined (and I subsequently got a letter to that fact) that sawmill services are subject to sales tax.  To get square with KDOR, I had to go back and calculate the sales tax I should have collected, and pay that out of my pocket.  Fortunately, my first two years weren't that busy.

Identical situation with me in one of the states where I used to do business, except it was me that figured out that sawing was taxable, I had to tell them.  Ended up owing the tax, interest and penalty. 
DJ Hoover, Terrific Timbers LLC,  Mystic CT  2001 WM LT40SHDD (42HP Kubota, Accuset2, FAO's, Lubemizer, debarker), Peterson WPF 10-30 with chain slabber. Logrite fetching arch, WM BMS250 sharpener/BMT250 setter.  2001 F350 7.3L PSD 6 spd manual ZF 4x4 Crew Cab Long Bed


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