NJ EC's : When to charge sales tax?

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A lot of the problems we have with Hacks, is encouraged by the state, with the States unfrindly business practices, endless paper work, penalties set at excessive amounts, and no enforcement for underground operations, no wonder the state is in trouble, they can't can bring these underground operaters in to the paying system, when thay see the treatment a ligitment business gets.

I want to live in a state, that dosen't assume all contractors are crooks, the pay sales tax up front shows the respect they have for us.

I want to live in a state, that works with business and property owners, not adding burdens and excessive taxes, and penalties to those trying to pay their fair share.

The state need revenue to operate, and I think we all agree on that, but if business keeps leaving, we are all in trouble.
 
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satcom said:
the state does not care what you sell it for, once the tax is satisfied.
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I'm not so sure this is accurate. I think if you mark it up the state wants their 7% on the mark-up.

satcom said:
You never charge tax on material, the tax was paid, when you purchased the material from your vendor.
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If you're itemizing an invoice do you only charge sales tax on the labor?
If you're not itemizing, do you still only charge sales tax on a portion of the total (the labor portion only)?
 
JES2727 said:
I'm not so sure this is accurate. I think if you mark it up the state wants their 7% on the mark-up.




If you're itemizing an invoice do you only charge sales tax on the labor?
If you're not itemizing, do you still only charge sales tax on a portion of the total (the labor portion only)?
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"I think if you mark it up the state wants their 7% on the mark-up. "

No they do not want it on mark-up, this was the reason I went to the information sessions, to have them explain it in person, you do not charge tax on the mark-up, you paid the tax when you purchased the item, they don't care what you sell it for, the tax has been satisfied.

Yes a lot of the people asked the same question, they thought you paid on the mark-up.

"If you're itemizing an invoice"

Lets say you have a contract $500

If you say Installed Outdoor Lighting $500 No tax with ST-8 certificate. even if you itemize.


Nothing like going to an information session, or a visit to a local office to get the information up front. The link for contractor information http://www.state.nj.us/treasury/taxation/pdf/pubs/sales/su3.pdf
 
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