All but a handful of states impose sales taxes on purchases, and sales taxes are the single biggest source of tax revenue for states. Business owners who sell goods or services to the public should ...
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How To Calculate Sales Tax
Sales tax can sneak up on you — especially with larger purchases. Knowing how to figure it out ahead of time can save you from sticker shock at the register. Just take the item’s price and multiply it ...
Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...
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