Lawmakers Weigh New Rules on Estimated Sales Tax Payments

Date: January 16, 2014

Sen. Bryan Taylor of Prattville and Rep. Barry Moore of Enterprise have introduced bills that would give about 4,000 small businesses some relief when it comes to paying estimated sales taxes.

The legislation would raise the threshold for paying estimated sales taxes from $1,000 in sales per month to $2,500.

Both bills passed their respective chambers on Thursday, Jan. 16.

If the change becomes law, businesses with sales of less than $2,500 a month wouldn't have to pay estimated sales tax revenues in advance, said Rosemary Elebash, state director of NFIB/Alabama. They could wait until customers pay them the sales tax.

blog comments powered by Disqus

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more


Do you use a CRM to manage customer information?

Yes, I use a CRM. - ( 216 votes )

CRM? I use Excel. - ( 115 votes )

Excel? I use paper and pencil! - ( 38 votes )

No, I don't use any CRM system. - ( 145 votes )