Google+

What is Sales Tax?

What is Sales Tax?

There are a lot of things that you know about, but don’t completely understand in life. Multiple things fall into the category of I-should-know-this-but-I-don’t-really-know-it, this includes: filing taxes, making doctor’s appointments for yourself, opening a bank account, voting, getting a loan, checking your credit score, and getting insurance. These tasks can be daunting, and just plain confusing. The good news is we’re here to explain sales tax.

Sales tax is a tax that you pay for services and goods. For example if you’re buying a new gaming system, you pay a sales tax on it. You can also pay sales tax on services, like house cleaning, or installing new equipment in your house. Sales tax is attached to just about anything and everything you purchase...