Provide your business information. Our team will review and ensure everything is accurate.
As sales tax is paid quarterly, our system will notify you before each quarter. You will need to submit your purchase invoice list and sales record list.
We will review your submitted data, calculate your sales tax, and prepare your sales tax return.
We will submit the return to the State Department of Revenue (DOR), and youโll receive confirmation on your dashboard.
Our Packages
Offerings | Rocket Wave | Doola | Firstbase | Bizee | Zen Business |
---|---|---|---|---|---|
LLC Formation | $197+ State fees | $297+ State fees | $399+ State fees | $199+ State fees | $0+State fees (Only for US Residents) |
EIN | |||||
Operating Agreement | |||||
Registered Agent Service for 1 year | |||||
Mail forwarding service for 1 year | |||||
BOI Report Filing | |||||
Incorporation Timeline | 3 to 5 Days | 1-2 weeks | 3 to 4 Weeks | 3 Weeks | 2 to 3 Weeks |
Generally, no. A reseller permit allows you to purchase inventory wholesale without paying sales tax upfront, but you still might need to collect sales tax if you sell taxable items to end consumers.
Failing to collect and remit sales tax can result in significant penalties, interest charges, and back taxes owed.
Most states tax tangible personal property, but exemptions may exist. Check your state’s tax authority website for a list of taxable goods.
Nexus refers to a physical presence or substantial business activity in a state that triggers your obligation to collect and remit sales tax in that state. This can include having an office, employees, inventory, or exceeding a certain sales threshold within the state.
Not necessarily. Physical presence or nexus determines your sales tax collection obligation, not necessarily where your customers are located. However, some states have economic nexus laws that trigger filing requirements based on exceeding a certain sales threshold within the state.
The frequency of filing sales tax returns varies by state and depends on your sales volume. Common filing periods include monthly, quarterly, and annually.
The process for filing sales tax returns varies by state. To file your sales tax return without any hassle get started with Rocket Wave now.
Maintain detailed records of your sales, purchases (especially wholesale purchases with reseller certificates), and any sales tax paid or collected. The recommended record-keeping period varies by state but generally ranges from 3 to 7 years.
01576724241
+1 9294951030
188 Grand Street
2nd Fl Ste 1141
New York, NY 10013,
United States