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Old 01-07-2011, 12:20 PM
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rob640 rob640 is offline
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Join Date: Feb 2010
Location: Plainview Texas
Posts: 167
I am new to the biz and this is one area i was lost on when starting out i did alot of research online and found that it is required. I am not an accountant so don't take my word for it. When i started i filed for a Texas sales and use tax permit. Heres a link to some info that u might find helpful it is my understanding that you must have one your first day in business and have to file your earning quartly but dont have to pay untill you exceed 5,000 in 4 quarters. But like i said im not an accountant so i dont wanna stear u in the wrong direction this is just my understanding of it.
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Old 01-07-2011, 04:21 PM
Zak's Pro. Lawn Care's Avatar
Zak's Pro. Lawn Care Zak's Pro. Lawn Care is offline
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Join Date: Mar 2010
Location: Toledo,Oh
Posts: 322
Originally Posted by millenium_123 View Post
Do any of you guys in Texas charge sales tax? My accountant is after me about it, but I really dont want the hassle.
my question is how are you going to start charging tax to your customers since you haven't been doing it in the past...if you need to in your state. this may raise an issue for some of your customers because it means more money they must pay each month. you may want to ask your accountant what he thinks you should do about that issue if you end up needing to charge tax.
Solo. College Student (Finance). Realtor with RE/MAX Preferred Associates. 2011 Silverado LT 1500 Z71 4x4 Crew Cab. Great Dane Standers. Stihl Handhelds.
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Old 01-07-2011, 05:38 PM
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rob640 rob640 is offline
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Join Date: Feb 2010
Location: Plainview Texas
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The way i decided to go about things is once i set a price i kept the price once i passed my 5k threshold it became that much less i am making on each property. I knew the day would come where i would pass this threshold so i priced acordingly.
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Old 01-07-2011, 06:16 PM
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bohiaa bohiaa is offline
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Join Date: Jun 2005
Location: Bellville Texas, near Houston
Posts: 5,223
I would be VERY carefull what some of you put in writting.

if your NOT collecting sales tax, then that means that your NOT paying redemption tax.

nor are you paying self employment tax.

you had better get this right. I bet you will be unert the microscope now for the next 7 to 10 yrs.

remember you can lie to the state and local's, But dont lie to the feds.
remember Martha Stewart.

I would get this cleared up NOW. the state had to turn it in to the Government.
then you have problems.
Dont even talk to people who cant purchase your product or service.........Dave Thomas.
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Old 01-07-2011, 07:25 PM
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mslawn mslawn is offline
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Join Date: Sep 2005
Location: LA
Posts: 483
Why is this even questioned? If it is your states law to collect sales tax on labor then you better abide by it. There is not even a discussion here. They WILL, not maybe, WILL penalize you and MAKE you pay it in the longrun.
A Exmark,New Holland and Red Max equipment user!!
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