At trade shows we often did tax-in. For a $20 item we would include the tax. In reality we were charging $18.86 for an item and with our taxes on top (6%) it came to $19.99.starprince said:I was wondering how you charge the tax on your t-shirts.
Is your shirts $15+tax or do you say $15 tax included? I guess this question is more for vendors selling face to face. The $15 price tag is only an example.
You collect the tax on the sale, it goes in your bank account and either quarterly or yearly, you pay the government all the tax you collected.when you guys collect tax, where do you put that money, it doesnt go straight to the government right?