Doing business in multiple states can be complicated. State threshold
requirements vary for how frequently returns have to be filed. Thresholds may be based on all sales, taxable sales, sales tax liability or sales and use tax liability.
Generally, once a threshold is passed, you’ll have to file on the more frequent schedule until you are granted a change. Pay attention, since penalties can be substantial.
As required by U.S. Treasury regulations (Circular 230), please be advised that any tax advice
contained in this communication was not intended or written to be used, and cannot be used, by any recipient for the purpose of (i) avoiding tax-related penalties under the U.S. Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.
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