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September 1, 2020
Solved

The tax return is including overdue sales invoices for which I haven't received the payment and therefore don't have the taxes.

  • September 1, 2020
  • 1 reply
  • 7 views
No text available
Best answer by Rustler

Almost all states are accrual based for sales taxes, that means you owe the sales tax on sales whether you collect it or not.

 

If you are talking about some other tax please specify

1 reply

Rustler
RustlerAnswer
Level 15
September 1, 2020

Almost all states are accrual based for sales taxes, that means you owe the sales tax on sales whether you collect it or not.

 

If you are talking about some other tax please specify

hamdi1Author
September 1, 2020

Sorry I should've posted this in the UK community but I guess the same thing applies there too. Thank you.

September 7, 2022

Did you ever get an answer on this?