State Sales And Use Tax in Torrance, CA
SALES TAX FOR ONLINE RETAILERS – SOUTH DAKOTA V. WAYFAIR INC.
On June 21, 2018, the United States Supreme Court held that states can impose sales on online purchases even if the business doesn’t have a physical presence in the state.
Before the Wayfair ruling, sellers only had to collect state sales taxes if the seller had a warehouse or office in the state (Quill Corp v North Dakota). This decision was overturned because the court in Wayfair held modern e-commerce does not align with the physical presence required in Quill.
Moving ahead, states will be able to require retailers to collect state sales taxes on their transactions, whether they have a presence in the state or not.
STATE PAYROLL TAXES
If you are behind in federal payroll taxes, you are probably also behind in the payment of state payroll taxes.
Situations and circumstances can overwhelm taxpayers, especially in small or medium size businesses. Good intentions cause disastrous consequences — “We know that we cannot pay the payroll taxes this month, because we must pay necessary costs business, but we tell ourselves that we will double up next quarter.”
If you are stealing from the government, it will close your business. It will move quickly to prosecute you to the fullest extent of the law, by assessing you personally for all of the taxes which your company did not pay.
In California, the Employment Development Department (EDD) has the power to recover a business’s unpaid payroll taxes personally and directly from the owners, officers and even the company employees, when certain requirements are met.
Contact the tax attorneys at David Lee Rice, A Professional Law Corporation, immediately at 310-402-2844 for a consultation if your company is experiencing state sales tax or payroll tax problems. Any information you provide to the state tax agency can and will be used against you to assess additional taxes. Time is critical and very limited. There are usually several options for dealing with sales tax and payroll tax liabilities, but you must take action now to limit your liability.
What Sets Us Apart?
- Over 3 Decades of Experience
- Specialist in taxation through the California Board of Legal Specialization
- Certified as a specialist in elder law through the National Association of Elder Law Attorneys