Monthly Sales Tax Due

This is a friendly reminder from the professionals at BW James LLP, that the Sales and Use Tax deadline is December 20, 2013 for those filing monthly.

Texas’ monthly sales-tax collections have seen regular growth, even growing a full 2.8 percent in the month of November, making it the 44th consecutive month to see growth.  Revenues from sectors such as wholesale trade, service industries, and restaurants contributed largely to the most recent increase.

The steady increase of sales tax collections is largely a good sign for the local and state economy moving forward.

Be sure to have your monthly Sales and Use Tax return forms filed by Friday, December 20th in order to avoid interest and penalty charges.  Even if you don’t owe any taxes because you have no sales or only nontaxable sales for the month, you still must file the tax return form by Friday.

For more information about the professionals at BW James visit http://www.bwjames.com