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You're reading from  Mastering QuickBooks 2024 - Fifth Edition

Product typeBook
Published inDec 2023
PublisherPackt
ISBN-139781835469958
Edition5th Edition
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Crystalynn Shelton
Crystalynn Shelton
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Crystalynn Shelton

Crystalynn Shelton is a licensed CPA and small business advisor specializing in financial accounting software training, coaching, and consulting. She has written two Amazon Bestsellers, Mastering QuickBooks 2020 and Mastering QuickBooks 2021. In addition to having experience as a small business owner, she has more than 20 years' experience in providing accountancy consultancy in the entertainment, oil and gas, education, and computer technology fields. Crystalynn is an Advanced Certified QuickBooks ProAdvisor and has taught accounting, bookkeeping, and QuickBooks courses for the last 12 years at the University of California at Los Angeles Extension. When she is not in the classroom, Crystalynn enjoys trying new restaurants and curling up with a good book!
Read more about Crystalynn Shelton

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Do you need to charge sales tax?

Before we dive into the mechanics of setting up sales tax, you may be wondering whether you need to charge sales tax or not. The short answer is yes if you sell any type of product, such as T-shirts, books, a cup of coffee, and so on. If you don’t sell a product but you do sell services, such as bookkeeping, legal, or consulting, then the answer is maybe. Because the answer is dependent on the rules and regulations of your state/local jurisdiction, it’s important that you seek the advice of a CPA or tax preparer.

However, there are a couple of resources that we recommend you check out. First, this article from the QuickBooks blog Do I need to charge sales tax?: https://quickbooks.intuit.com/r/taxes/need-collect-sales-tax-much/. Another great resource is Avalara. Avalara is a company that specializes in sales tax compliance. Not only do they offer sales tax compliance services but they are also a great resource for any questions you...

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Mastering QuickBooks 2024 - Fifth Edition
Published in: Dec 2023Publisher: PacktISBN-13: 9781835469958

Author (1)

author image
Crystalynn Shelton

Crystalynn Shelton is a licensed CPA and small business advisor specializing in financial accounting software training, coaching, and consulting. She has written two Amazon Bestsellers, Mastering QuickBooks 2020 and Mastering QuickBooks 2021. In addition to having experience as a small business owner, she has more than 20 years' experience in providing accountancy consultancy in the entertainment, oil and gas, education, and computer technology fields. Crystalynn is an Advanced Certified QuickBooks ProAdvisor and has taught accounting, bookkeeping, and QuickBooks courses for the last 12 years at the University of California at Los Angeles Extension. When she is not in the classroom, Crystalynn enjoys trying new restaurants and curling up with a good book!
Read more about Crystalynn Shelton