To: Tuscaloosa Goldfinch; Taxman; ancient_geezer; Bigun
"Businesses are already drowning in paperwork." Precisely, but if you are already collecting sales tax, the only change is the % of tax. Taxman, ancient geezer or Bigun can give you more details of the specifics but I believe that you will remit as before and the state forwards the federal portion up the line. In the meantime, you get the feds out of your personal life and your accountant can either be fired or at least given a huge pay cut because the math is much simpler. Sales multiplied by the tax rate equals tax due. Job done.
271 posted on
02/09/2003 5:51:31 AM PST by
Badray
To: Badray
Thanks for the ping, Badray.
See my post #290.
Glad you made it to CPAC this year. You obviously were able to figure out how to get around this year, as you did not ask me for directions once! LOL! Hope you had a good time.
294 posted on
02/09/2003 7:39:16 AM PST by
Taxman
To: Badray; Taxman; Bigun
"Sales multiplied by the tax rate equals tax due. Job done. How much clearer can it be put - simplicity is beautiful!
337 posted on
02/09/2003 9:48:43 AM PST by
dixie sass
(From the Palmetto State, in the LowCountry)
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