JustAnswer > Tax
Ask A Question|Register|Login|Help
JustAnswer

Tax

Ask a Tax Question, Get an Answer ASAP!

Have your own Tax question?

4 Tax Professionals are Online Now
characters left:
Not a Tax Question?

Related Tax Topics:

  • Tax
  • ,
  • Back
  • ,
  • Late
  • ,
  • Paid
  • ,
  • Filed
  • ,
  • First
  • ,
  • South
  • ,
  • State
  • ,
  • Taxes
  • ,
  • Charge
Bookmark and Share

Question

What can you expect from the state for unpaid back sales tax in South Carolina?

Submitted: 89 days and 5 hours ago.
Category: Tax
Value: $15
Status: CLOSED
+
Read More

Optional Information

Country/State/Province of question: South Carolina

Already Tried:
We are trying to keep our heads above water in the construction industry (Residetial cabinetry). We are an s-corp and have two employees total.

Accepted Answer

If you are collecting sales tax from customers - you are acting as an agent of the state DOR - and sales taxes you are collecting do not belong to you in first place.

 

The bad news is that there is no statute of limitation on sales tax collection...

The best you may expect - that the DOR will drop penalties if you provide a "good reason" why you was not able to remit sales tax.

 

Ther e will also be interest charge on late payment - and it is very unlikely that the state will forgive the interest.

 

Another bad news is that all states are short of revenue and are now very aggressive in collecting...

 

South Carolina DOR runs ongoing tax relief program to out-of-state businesses who have not filed or have not paid their SC taxes and have not been contacted by SC DOR.

According to the program - DOR waives penalties on the condition of full payment of taxes and interest.

 

Let me know if you need any help.

 

 

Picture
Expert: LEV
Pos. Feedback: 99.3 %
Accepts: 
Answered: 8/25/2009

Tax Preparer

Taxes, Immigration, Labor Relations

+
Read More

Related Tax Questions

  • If I have only owned a house for a year, and move
  • regarding state refund
  • hurricane deduction on capital gains? ...
  • what are benefits of tourisum in fiji ?
  • WHAT IS A REALITY TRUST?
  • how much money does the United States Air Force spend
  • what is cost of sales ...
  • I currently own a home in MO where I lived 27 years. I now ....



Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Question List | Become an Expert | Terms of Service | Security & Privacy | About Us
© 2003-2009 JustAnswer Corp.