Business Owners Reminded To Update Point-Of-Sale Systems In Tuscarawas, Montgomery Counties
Effective Oct. 1, 2018, two Ohio counties will see sales and use tax increases. The sales and use tax in Tuscarawas County will increase from 6.75 percent to 7.25 percent. In Montgomery County, the sales and use tax rate will increase from 7.25 percent to 7.50 percent.
If your business is located in Tuscarawas or Montgomery counties, remember to update your point-of-sale system to reflect the tax increase after the close of business on Sept. 30, 2018. If you don’t operate a retail location but conduct services in any one of these counties, you’re going to want to take a look at your Enterprise Resource Planning (ERP) software to make sure it’s up to date as well.
Listen to episode 143, “Extreme Nexus: South Dakota v. Wayfair,” on unsuitable on Rea Radio.
When tax increases occur, businesses must make the appropriate accommodations. It’s not uncommon for tax rates to increase from one county to another, which is why it’s important to seek out current tax information in your state and county. Failure to update your systems properly may create sales tax exposure, which would means a tax bill from the county would be in your future.
You might also consider looking into third-party sales tax software applications, which can be used to automate sales and use tax rate changes for any applicable jurisdiction. Such tools will simplify the process and ensure accuracy of your tax calculations. A member of Rea’s state and local tax team can help point you in the right direction.
If you have any questions about the recent sales and use tax increase in Tuscarawas and Montgomery counties, email a member of Rea’s state and local tax team.
By Kathy LaMonica (Cleveland office)
Check out these articles for more great sales and use tax information:
Supreme Court Issues South Dakota v. Wayfair Decision