Sales Tax Updates 2023 from California Department of Tax and Fee Administration
California Department of Tax and Fee Administration (“CDTFA”) updates and education events to help business owners successfully operate their business.
Reminder, Businesses most report taxable gross receipt including money receive from sales before deducting COGS or Labor or Expenses unless there is a specific exception provided by tax laws.
What is Taxable Sales for Sales Tax?
Additionally, if there are additional sales charges that you chargre your customer, those additional charges are subject to sales tax. Examples of additional charges subject to sales tax are:
- Merchant Credit Card Processing Fees charged to customer
- COVID-19 Surcharges
- Tourism Fees
- Restaurant Surcharges
- Auto Gratuity
- Event space rental if food and beverage included in rental fee
For more info on what is taxable sales for sales-tax purposes you can review Revenue and Taxation Code (R&TC) Section 6012.
CDTFA Education Events
CDTFA offers online webinars for basics of sales and use tax, basic bookkeeping and industry specific for different types of businesses including presentations specific for:
- Restaurant Industry
- Construction Contractors
- Gas Station Owners
To get a list of events and webinars Visit CDTFA Tax Education Events webpage www.cdtfa.ca.gov/seminar/
Have Questions about your Sales Tax? We’re here to help you along the way! Schedule your CPA Meeting now.
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