Remarkable Results Radio Podcast

Don't Mess With Sales Tax! [E168] - Business By The Numbers

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Sinopsis

Thanks to our partners, NAPA TRACS and PromotiveIn this week's episode of Business by the Numbers, Hunt Demarest, CPA at Paar Melis & Associates, tells a jaw-dropping real-world story: how one automotive repair shop owner — and his wife — ended up spending days in jail over mishandled sales tax payments.If you're an auto repair shop owner, this episode is a must-listen. Sales tax isn’t income tax — it’s trust money you're collecting on behalf of the government, and states take it very personally when they don’t get paid.In this episode, you’ll learn:Why sales tax is treated more seriously than income tax by state and local governmentsHow a small sales tax problem snowballed into jail time, a locked shop, and frozen bank accountsWhat mistakes automotive shop owners make that trigger sales tax auditsThe one mistake you can’t afford to make after you get behindSimple steps to protect your business, your reputation — and your freedomDid you know that NAPA TRACS has onsi