The federal government does not levy sales taxes on items, but most state governments charge varying rates of sales taxes on a range of taxable products. If your business is based in any of these ...

Sales tax you pay for inventory used in manufacturing your goods is a cost of goods sold. The inventory you purchase is also a cost of goods sold; however, the sales tax expense for the inventory is ...

Sometimes, you have to remove uncollectible invoice amounts from your books. Here's how to do it in QuickBooks. Many, or all, of the products featured on this page are from our advertising partners ...