
Sales and Use Taxes
Do You Know the Difference Between Sales Tax and Use Taxes? Your True Blue Bookkeeper knows, and can help keep your business in compliance with state and federal laws.
Sales tax usually applies on the sale to the ultimate user, the consumer. The seller must pay sales tax on all sales whether or not they have collected the tax from the user.
Use tax is a sales tax on purchases made outside of your state of residence for taxable items that will be used in your state.
A company not paying use tax is required to pay the back taxes, along with interest, penalties.