Description

LLCs that sell taxable goods or services must file sales tax to follow state laws and avoid
penalties. If you don’t file, you could face fines, interest charges, or even have your business
license suspended.
Each state has its own deadlines. In Florida, sales tax is due on the 1st and considered late
after the 20th. In Texas, monthly filings are due by the 20th. Late payments in Florida come
with a 10% penalty or $50, while Texas charges 5%, increasing to 10% after 30 days.
Filing on time helps you avoid extra costs, keeps your business in good standing, and may
even qualify you for early payment discounts.