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Idling, Inc

It is impossible to enjoy idling thoroughly unless one has plenty of work to do. There is no fun in doing nothing when you have nothing to do. Wasting time is merely an occupation then, and a most exhausting one. Idleness, like kisses, to be sweet must be stolen. - Jerome K. Jerome

Thursday, June 26, 2008

Small Business and State Taxes

Oh, and a note for those of you who think there are only 50 state taxes to program into a lookup table. States like CA have different state rates based on location. There are over 7400 different state and local tax zones. And, Shan is right about each item having a possible different tax rate. Here food items specifically used to prepare meals are taxed at 1.5%, but the plates to serve the meal are taxed at 7.6%. It's a nightmare for just one store to figure out one state's tax code.


Posted by Idler at 6:25 PM
Labels: compliance, small business, taxes

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