sales tax

[payamtr]

when a company sells to other states, how does it need to report sales tax?

[Raywhite28]

Since the Supreme Courts ruling on South Dakota vs Wayfair 24 states have done the following.

You need to read it & then talk to your accountant. You can be on the hook for not collecting sales tax when you should have been doing so.

https://www.state.nj.us/treasury/taxation/remotesellers.shtml

[Regina_Lend_A_Hand_Accounting]

You should report your gross revenue and deduct the out-of-state sales on your state B&O tax return according to the department of revenue rules for your state.