To calculate sales tax, multiply the total cost of the product by the sales tax rate levied in your area. Find out how much your area charges.

How to Calculate a Sales Number to Get Taxable Sales. As a small-business owner, you are usually required to charge sales tax on retail transactions and then remit these amounts to your state ...

For the eighth consecutive year, the Internal Revenue Service has chosen CCH to provide the agency with comprehensive sales tax rate and taxability tables that can be used by millions of taxpayers in ...

The Minnesota Department of Revenue launched a new sales tax rate map designed to help customers calculate the local sales tax for purchases made around the state. The new sales tax rate map is a v… ...

How To Calculate Sales Tax The Right Way We cannot express the importance of calculating sales tax enough. There are many small mistakes that you can make when it comes to this, and they can cost your ...

Sales Tax: Is It Tax-Deductible?. Taking advantage of all available tax deductions is the best way to ensure that you don't leave any money on table after you file your taxes.

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and ...

The sales tax rate on your vehicle purchase must be the same as the general sales tax rate, as you can only deduct the general sales tax rate. There are two ways to calculate the deduction.

Sales tax revenue is surging. Here are some of the top sales tax issues to watch in the coming year.