If you have delinquent sales tax returns in California, now is the time to get them handled. Call Leading Tax Group today to learn more about how out tax professionals can help you. We will provide you with the guidance and representation you need. Call our office now – we’re here for you.
800-900-4250A delinquent sales tax return in CA is not something that you want to ignore. In fact, with a late return comes many different penalties, collection costs, and interest. If you fail to file a timely sales tax return, you can be assessed a 10 percent penalty once the deadline has passed. You can also receive a 10 percent penalty for any tax payment that is considered to be late.
In addition to the 10 percent fee you face, you will also incur interest charges. Interest is calculated on a monthly basis.
All of the penalties and consequences of delinquent sales tax returns can have serious consequences on you and you may find yourself in a financial bind when it comes time to file the taxes or pay the tax liability you have been assessed. The longer you wait, the more money you will owe, so it is important that you touch base with an experienced tax professional in CA immediately.
Contact UsWhile sales and use tax returns do need to be filed in a timely manner, you also need to make sure that you use the certificate properly as well. If you do not use your resale certificate properly, you could be held accountable and a violation can equate to a misdemeanor charge. It is important that you always make sure you are using the certificate properly and when in doubt, ask.
Our experienced delinquent sales tax return professionals in CA will sit down one on one with you and help you determine if all of your purchases were made in good faith and if you used your resale certificate properly. If you have any questions, do not hesitate to call our office.
Contact UsHeadquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
If you are late paying sales tax, assessments, penalties and possibly involuntary collections on the past due amounts can be used to force you to pay the money you owe.
Additional assessments/penalties may be issued against you. Eventually, the issues will be referred to –and addressed by – the CDTFA. If this is your case, Call Leading Tax Group today so our tax experts can help you.
Yes, even if you owe nothing, you can still be penalized for filing the taxes late. The law requires you to file your taxes and provides a deadline for it. It is best to file on time as required to avoid any such penalties
You may set up an online account to file and pay at: CDTFA.CA.GOV. Click “File a Return” and follow the steps to complete the process. If you require some assistance, or don’t know what to claim on your return, contact us.
Yes, in some cases. At the time of writing, this depends on which state you are operating in. The best option for you is to Call Leading Tax Group for an evaluation of your situation.