Sales & Use in NYS (yearly vs. quarterly)

#7 03-09-2005, 08:23 PM

"WhoTurnedOffTheLights" <Lights[at]light0987654321.com> wrote:
- quote -

> "Victor Roberts" <xxx[at]lighting-research.com> wrote:

> > Which form? I own a NY State C Corp, don't sell anything
> > other than my services and don't file any NYS forms except
> > for the quarterly NYS-45 for withholding and my CT-4 income
> > tax.

> Victor, it would be the ST-100 and the ST-101 amongst
> others. One's for quarterly and the other's for yearly.
> Found on this page: http://www.tax.state.ny.us/forms/sales_cur_forms.htm

Thanks. It's been a few years since we set up the company
and I don't remember why I don't have to file this, but I
believe it is because I am a Personal service corporation.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

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#6 03-08-2005, 10:53 AM

"Victor Roberts" <xxx[at]lighting-research.com> wrote:

- quote -

> Which form? I own a NY State C Corp, don't sell anything
> other than my services and don't file any NYS forms except
> for the quarterly NYS-45 for withholding and my CT-4 income
> tax.

Victor, it would be the ST-100 and the ST-101 amongst
others. One's for quarterly and the other's for yearly.

Found on this page: http://www.tax.state.ny.us/forms/sales_cur_forms.htm

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#5 03-08-2005, 10:53 AM

"Victor Roberts" <xxx[at]lighting-research.com> wrote:

- quote -

> Which form? I own a NY State C Corp, don't sell anything
> other than my services and don't file any NYS forms except
> for the quarterly NYS-45 for withholding and my CT-4 income
> tax.

Victor, it would be the ST-100 and the ST-101 amongst
others. One's for quarterly and the other's for yearly.

Found on this page:
http://www.tax.state.ny.us/forms/sales_cur_forms.htm

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

#4 03-08-2005, 10:53 AM

"ed" <ed[at]edcosoft.com> wrote:

- quote -

> In Texas it is almost automatic to be on annual reporting
> for State Sales Tax. Call your Franchise board and ask
> them.

Hmmmm, FINALLY got through to someone over there at NYS Dept
of Taxation and was told that one is notified automatically
after 1 year as long as taxes paid are below $3,000 (I
believe is what he said.).

If I don't hear from them after the next quarterly
filing....then I should give them a call.

thx all anyhow.

;-)

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#3 03-08-2005, 10:53 AM

"David Woods, EA, ChFC, CLU" <dwoods[at]woods-financial.com> wrote:

- quote -

> IIRC NYS spells out the provisions on its forms and
> instructions in which one would qualify for annual filings.

Err, thanks David but that tells me nothing.

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#2 03-07-2005, 08:50 AM

"WhoTurnedOffTheLights" <Lights[at]light0987654321.com> wrote:

- quote -

> Since I can neither find the info on their site nor get
> through to NYS Tax on the phone and my CPA is probably
> suffering through another hangover, I've a question about
> Sales & Use Tax.
> My business (S corporation) makes no direct sales whatsoever
> and there are always plenty of 0's on my quarterly forms
> whenever I file them (except of course for my figure for
> Line 1).
> ANYHOW, how easy is it for me to get them to move me to
> yearly filing in lieu of this annoying quarterly filing? Or
> would I be wasting my breathe and time?

IIRC NYS spells out the provisions on its forms and
instructions in which one would qualify for annual filings.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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#1 03-07-2005, 08:50 AM

WhoTurnedOffTheLights" <Lights[at]light0987654321.com> wrote:

- quote -

> Since I can neither find the info on their site nor get
> through to NYS Tax on the phone and my CPA is probably
> suffering through another hangover, I've a question about
> Sales & Use Tax.
> My business (S corporation) makes no direct sales whatsoever
> and there are always plenty of 0's on my quarterly forms
> whenever I file them (except of course for my figure for
> Line 1).

Which form? I own a NY State C Corp, don't sell anything
other than my services and don't file any NYS forms except
for the quarterly NYS-45 for withholding and my CT-4 income
tax.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

03-07-2005, 07:53 AM

In Texas it is almost automatic to be on annual reporting
for State Sales Tax. Call your Franchise board and ask
them.

ed

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#-1 03-04-2005, 12:32 AM

Since I can neither find the info on their site nor get
through to NYS Tax on the phone and my CPA is probably
suffering through another hangover, I've a question about
Sales & Use Tax.

My business (S corporation) makes no direct sales whatsoever
and there are always plenty of 0's on my quarterly forms
whenever I file them (except of course for my figure for
Line 1).

ANYHOW, how easy is it for me to get them to move me to
yearly filing in lieu of this annoying quarterly filing? Or
would I be wasting my breathe and time?

Suggestions, info appreciated.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

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