Software passes 153-48

The following bill passed the House 153-48 June 8th.

Real Time Sales Tax Remittance

Quick summary: Requires the Department of Revenue to force certain delinquent sales tax businesses (those owing over $5,000 and with 3+ years of unfiled returns) to use state-approved software.

  • The software connects to the business’s POS system and automatically calculates, collects, and remits sales taxes in real time with every sale.
  • Department pays for the first year; businesses pay afterward.
  • Businesses pick from an approved list of vendors.
  • Estimated to affect ~3,000 businesses initially.

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Any Questions? Email me, tracey@gobigsmallbiz.com Thanks,
Tracey and Jeff Wakeen

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