Texas Border Business
The Comptroller’s office publishes this newsletter to keep you informed about Texas taxes. Tax Policy News provides general information and is not a substitute for legal or other professional advice.
In This Issue…
COVID-19 News
We appreciate those businesses that continue to remit state and local sales taxes they collected from customers. We understand that all taxpayers are doing their best to remain in compliance and be responsible in submitting taxes they have collected from their customers before the challenges presented due to the COVID-19 virus.
Our agency is here to help those businesses that are struggling to pay the full amount of sales tax they collected from their customers, as a result of COVID-19 restrictions. For businesses that find themselves in this situation, our agency is helping in the form of payment agreements for reports due in March, April, and May. We ask that you file the sales tax returns that are due, make a good faith payment, and contact our Enforcement Hotline at 800-252-8880 to learn about your options for remaining in compliance.
We understand the closures and/or reduced ability to operate was unexpected and sudden, impacting taxpayers’ business finances and operations. But it is important to remind all taxpayers that state and local sales taxes collected from their customers are trust fund revenues and, by law, are not intended to be used by businesses as operating funds. Please keep in mind that the sales taxes that businesses are continuing to collect from consumers in their current ongoing limited operations, will be due on the applicable future due date with the expectation of full payment of the taxes that are due.
We strongly encourage you to use our online tools, tutorials, and other resources for tax services and establish 24/7 account access on Webfile.
We continue to stand with and assist our Texas businesses during these difficult times.
Please visit our COVID-19 News page for updated information.
